Qatar National Bank takes lead in Middle East

摘要

For the first time in the history of The Banker's Top 1000 World Banks ranking, Qatar National Bank (QNB) has topped the regional table for the Middle East with $17.2bn in Tier 1 capital. This comes after the Qatari lender progressively narrowed the gap with Saudi Arabia's National Commercial Bank, the longtime regional leader, over the past few years. QNB's stellar growth has seen the bank emerge as a true giant in the Middle East and Africa region following a series of ambitious acquisitions including Societe Generale's Egyptian business in 2013, a stake in pan-African lender Ecobank in 2014 and Turkey's Finansbank in 2016.