QIIB has reported a 3.2% year-on-year increase in net profit to QR368mn in the first quarter (Q1) of 2026.
“The results for Q1-2026 reflect the success of the strategy adopted by the board of directors, which is centered on delivering balanced and sustainable growth, while maintaining a high level of discipline in risk management, particularly amid a global economic environment characterised by volatility and ongoing challenges,” said Sheikh Dr Khalid bin Thani bin Abdullah al-Thani, QIIB chairman.
QIIB has maintained a steady and balanced growth trajectory, supported by a favourable business environment provided by the Qatari economy, which continues to offer promising opportunities driven by economic stability and prudent policies, he added.
QIIB chief executive officer Dr Abdulbasit Ahmed al-Shaibei said the bank’s net operating income reached QR517mn, a 2.4% growth on annualised basis.
The bank continued to strengthen its operational efficiency, with the cost-to-income ratio at 19.4%, one of the most competitive levels in the banking sector.
QIIB’s total assets reached QR61.7bn in Q1-2026, representing a 4% growth year-on-year, he said, adding financing assets surged 10.1% to QR43.9bn.
Customer deposits rose 3.5% to QR43.8bn. These results reflect continued balanced growth across all key balance sheet components, according to al-Shaibei.
Non-performing financing ratio declined to 2.6%, while the related coverage ratio reached 100%, underscoring the strength of the bank’s financing portfolio and the effectiveness of its risk management framework.
The capital adequacy ratio, in line with Basel III requirements, stood at 20.8%, exceeding the minimum regulatory threshold and reflecting the bank’s solid capital base.
The Q1-2026 results demonstrate QIIB’s ability to deliver stable performance despite global economic challenges, supported by the diversification of its income sources and the resilience of its business model.
“QIIB adopts a proactive approach to risk management, taking into account evolving market dynamics while maintaining a careful balance between business growth and asset quality, ensuring the sustainability of its performance,” al-Shaibei said.