KSA Competitors

Since its establishment in 1964, QNB Group has steadily grown to become the biggest bank in Qatar and the largest financial institution in the Middle East and Africa (MEA) region. Network expansion comes in support of the Group’s vision to become a leading bank in the Middle East, Africa, and Southeast Asia. In addition, the Bank is establishing a foothold in highly competitive markets, including Hong Kong, where the Group opened recently its first branch. Proud to be the Official Middle East and Africa Supporter of the FIFA World Cup 2022™, QNB Group extends through its subsidiaries and associate companies to more than 30 countries across three continents providing a comprehensive range of advanced products and services. QNB Group has maintained its position as the highest-rated bank in Qatar and one of the highest rated banks in the world from leading credit rating agencies including Standard & Poor’s (A) and Moody’s (Aa3), The Bank has also been the recipient of many awards from leading international specialised financial publications. QNB Group has an active community support program and sponsors various social, educational and sporting events. For further information, please contact QNB’s Public Relations Department through PR@qnb.com

In 2007, National Bank of Kuwait (NBK) - the best bank in the Middle East and highest rated by international rating agencies - acquired AWB to start operations in Egypt for the first time, which marks a new milestone in the regional expansion of NBK. After the acquisition in 2007 NBK kept the bank’s name as AWB, only adding “A Subsidiary of NBK Group” to the logo, until mid-2014 when the bank name and logo changed to NBK. When the bank was acquired by NBK its number of branches was 24, soon after the acquisition NBK adopted a strategic expansion plan which increased the number of branches to reach 52 branches and a total number of 150 ATMs in 2020, which are all strategically located in the most vibrant spots across the country, from Cairo and Alexandria, to Giza, Mansoura and Sohag. Since the acquisition, the bank managed to secure loans for thousands of big and small investors and institutional clients, a fact reflected in its increasing performing loan portfolio. Based in Egypt, with a large branch network across the country, we understand entirely the challenging needs of individuals and aspiring businesses, and the change involved to remain one step ahead in today’s rapidly evolving markets

We’re proud to be pioneers in our sector. Founded in 1977 in the State of Kuwait, we were the country’s first Islamic bank, and today we continue to lead the way in Islamic finance. Islamic banking is compliant with Shari’a religious law and guided by the Islamic principles of an integral and just society. Transparency and honesty sit at the heart of this approach, which aims to benefit both the bank and its customers. Committed to evolving to meet the changing needs of our global customers, we offer a broad range of Islamic financial services and products, including real estate, trade finance, investment portfolios, and commercial, retail, and corporate banking. Our growing network spans seven regions with 640 branches, around 800 ATMs, and 8,600 team members worldwide. Our ambitions have always extended beyond our home country. Over the past nearly 50 years, we have grown steadily, becoming one of the biggest lenders in local and regional markets and a major player within the wider banking industry. KFH (KSE: KFIN) is a publicly listed company on the Kuwait Stock Exchange (KSE). As of 31 December 2013, our largest shareholders included the Kuwait Investment Authority (Direct), Kuwait Awqaf Public Foundation (Direct), Public Authority for Minors’ Affairs (Direct), and The Public Institution for Social Security (Indirect).