QNB Group continued its outstanding achievements by “topping” the Middle East and Africa (MEA) region, on the Banker magazine’s Top 1000 World Banks list issued recently. 
QNB, the largest financial institution in the Middle East and Africa, ranked number one as the region’s largest bank by Tier 1 capital of $22.5bn for the 2018 period, a 12% increase over its 2017 figures, bolstered by a $2.8bn additional Tier 1 perpetual capital note.
The bank reported some of its best annual results ever during the review period supported by the success of its business strategy, with a global ranking of 75th in the list. 
The recognition was based on a number of factors, including pre-tax profits, total assets, capital assets ratio, return on capital, return on assets, BIS total percent, NPL percent, loans to assets ratio, RWA density and cost/income ratio. 
On the landmark achievement, Abdulla Mubarak al-Khalifa, QNB Group acting chief executive officer said, “Being recognised as the first in MEA’s financial institution in the top 1000 banks globally by a leading financial publication as internationally respected as The Banker magazine is a truly important milestone. This is a testament to the group’s steadfast commitment to excellence driven by our solid financial performance, overall asset quality, and increasing market share.
“This new achievement reflects our commitment and spirit of leadership and innovation to bring to reality QNB Group’s aspiration of becoming a leading bank in the Middle East, Africa and Southeast Asia (MEASEA) by 2020.” 
Earlier this year, the QNB brand was recognised, once again, as the most valuable banking brand in the MEA, with a value worth $5.04bn, according to the annual report carried out by Brand Finance. 
The Group has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor’s (A), Moody’s (Aa3), Fitch (AA-), and Capital Intelligence (AA-). 
QNB Group’s presence through its subsidiaries and associate companies extends to some 31 countries across three continents providing a comprehensive range of advanced products and services. 
The total number of employees is more than 30,000 operating through 1,100 locations, with an ATM network in excess of 4,400 machines.
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