QNB

QNB ALAHLI Among Forbes Top 50 Listed Companies in Egypt 2022

Posted on : Tue, 07 June 2022

QNB ALAHLI has been ranked # 2 among Top 50 Listed Companies in Egypt 2022 & Among Top 100 Middle East Companies Among Forbes Middle East institution. This ranking is based on its strong profile and outstanding performance in the Egyptian Market as follows:

 

Sector: Banking and financial services

CEO: Mohamed Mahmoud Bedeir

Market value: $2 billion

Sales: $1.9 billion

Profits: $410 million

Assets: $19.3 billion

In 2013, Qatari QNB Group acquired the majority stake of Egypt’s NSGB Bank and changed its name to QNB ALAHLI.

It provides services for more than 1.3 million clients and employs over 6,991 people across a network of 231 branches. In March 2022, the bank launched an instant payment service in collaboration with Instapay allowing its clients to transfer money between their accounts and other accounts in participating banks