Qatar National Bank

Universal bank · Doha, Qatar

Qatar National Bank is 50% owned by the Qatar Investment Authority and is the largest bank in the Middle East and Africa by assets. Total assets reached QAR 1.391 trillion (USD 382 billion) at the end of 2025 and net profit was QAR 17.0 billion. The group has more than 900 branches in 28 countries, with subsidiaries QNB Türkiye, QNB Egypt and QNB Tunisia and a 20% stake in Ecobank. Corporate accounts in Qatar need a Qatari commercial registration and forms signed in front of a bank representative. Qatar Central Bank prohibits banks from dealing in cryptocurrencies.

Legal name: Qatar National Bank (Q.P.S.C.)
Regulated by: Qatar Central Bank (QCB), BDDK (Türkiye, QNB Türkiye), Central Bank of Egypt (QNB Egypt), FCA/PRA (London branch), FINMA (QNB Suisse)
Licence confirmed: yes, on a regulator's own list
Established: 1964
Website: www.qnb.com

Scores, 0 to 10

9.0Financial strength & stability

Moody's Aa3 deposit rating (Jan 2026), S&P A+/A-1 stable, and USD 382 billion in assets, 50% owned by QIA. · source

8.5Middle East & Gulf

Largest bank in the Middle East and Africa with QAR 1.391 trillion assets, plus QNB Egypt, Oman, Iraq and a UAE associate. · source

7.5Trade, manufacturing & import-export

Import and export letters of credit, standby LCs, collections and guarantees through 28 countries. · source

7.0Latin America, Africa & South Asia

Owns QNB Türkiye (99.88%), QNB Egypt (95%), QNB Tunisia, QNB Indonesia and holds 20% of Ecobank. · source

7.0Cross-border payments, FX and multi-currency accounts

Network in 28 countries and Kinexys USD payments in as little as two minutes; FX margins are not published. Group operates 900+ branches in 28 countries with a trade portal and 24/7 Kinexys USD settlement. · source

6.0Customer satisfaction

QNB Mobile rated 4.4 out of 5 from 4.4k ratings on the Qatar App Store. · source

6.0Business cards (Visa, Mastercard)

The SME tariff lists a QNB Mastercard credit card with QR 200 issuance, QR 250 annual fee and a 2% foreign exchange fee plus free debit cards; corporate credit cards are offered in Qatar only. · source

4.0Europe (EU, EEA, Switzerland)

QNB (Suisse) SA in Switzerland, QNB Property France and a Luxembourg holding serve wealth and corporate clients. · source

4.0United Kingdom

London branch is regulated by the FCA/PRA and serves corporate and institutional clients, not UK SMEs. · source

4.0Lowest fees

Corporate account page lists eligibility and documents but publishes no fee schedule or minimum balance. · source

4.0Best interest on business balances

Corporates get current, call and fixed deposit accounts, but no yield on business balances is published. · source

4.0Online businesses: e-commerce and SaaS

Fawran instant payments by mobile number launched in March 2024; acquiring terms for online merchants are not published. SME internet banking with international transfers in USD, EUR, GBP and JPY at QR 20 plus correspondent charges, but no API or software-company products. · source

3.5High-risk verticals (iGaming, cannabis, adult, forex)

No prohibited-industries list for business accounts is published in the SME tariff or corporate pages opened; scored conservatively. · source

3.0Fast digital onboarding

All corporate account forms must be signed in the presence of a bank representative with a Qatari commercial registration. · source

3.0Fintech companies that need a partner bank

Home regulator bans crypto dealings and QNB publishes no safeguarding or sponsor-bank programme for payment firms. · source

3.0Startups & VC-backed companies

Accounts require a Qatari commercial registration and in-person signing; no startup unit is offered. · source

3.0Foreign-owned & non-resident companies

SME accounts are tied to a valid Qatari commercial registration, with QR 500 a month charged for non-submission of a valid CR; no path for foreign-incorporated companies is published. · source

1.5Stablecoins (USDC, USDT and others)

Since October 2025 QNB clears no-deduct US dollar payments on J.P. Morgan's Kinexys blockchain deposit network, but that is a bank deposit rail, and stablecoins remain barred for Qatari banks. · source

1.0Crypto-friendly bank

Qatar Central Bank circular prohibits banks from dealing in Bitcoin, opening accounts for it or sending related transfers. · source

1.0Crypto wallet and custody for a business

QNB's Turkish crypto unit QNB Dijital Varliklar stopped serving clients on 7 November 2024 and closed all accounts on 9 December 2024, leaving the group with no crypto wallet or custody. · source

1.0Accept crypto payments

Qatar Central Bank keeps its 2018 blanket ban on virtual-asset trading and exchange with no rescission found as of August 2026, and QNB offers no crypto acceptance for merchants. · source

1.0On-ramp: buy crypto with fiat

The QCB prohibition on virtual-asset trading, still in force in 2026, bars Qatari banks such as QNB from buying crypto for clients or sending transfers to exchanges. · source

1.0Off-ramp: crypto to fiat in a business account

Under the continuing QCB ban, QNB may not deal in crypto or accept related transfers in Qatar, and its Turkish crypto platform closed in December 2024. · source

1.0Bitcoin

Bitcoin trading has been illegal for Qatari banks since the 2018 QCB circular, and QNB's only bitcoin service, in Turkey, ended on 7 November 2024. · source

1.0Ethereum

QNB offers no ether trading, custody or staking in 2026; its Turkish crypto platform, the group's only such service, shut in late 2024. · source

Sources

Built on public information and the BankStore team's own aggregated experience; no confidential client or partner data. Bank Index and BankStore are not banks. This is information, not financial advice.