Mubasher: QNB Group unveiled rebranding in Egypt and Turkey, under which Qatar National Bank Al Ahli (QNB) and QNB Finansbank will operate under the single name QNB.
By unifying the brand, the group aims to streamline its operations and improve collaboration between its subsidiaries, anchoring its position as a leader in the banking sector across the MEA region.
Abdullah Mubarak Al Khalifa, Group CEO of QNB, stated: "By consolidating our operations under the QNB banner, we are better positioned to drive innovation, expand our reach, and deliver greater value to our shareholders.”
QNB Group, which announced the rebranding last June, currently holds a brand value of $8.40 billion.
Through its subsidiaries and associate companies, the group extends to 28 countries across three continents providing a comprehensive range of advanced products and services.
Number of the employees operating in the lender stands at 31,000 across nearly 900 locations, with an ATM network of more than 5,000 machines.
In the first half (H1) of 2024, EGX-listed QNB logged consolidated net profits of valued at EGP 13.74 billion, compared to EGP 8.66 billion in H1-23.
