QNB announced its standalone and consolidated financial results for the financial period ended June 2026, highlighting the following key achievements:
– Customer deposits reached EGP 908 billion at the end of June 2026, an increase of EGP 131 billion, representing a 17% growth compared with December 2025, driven by strong performance across all business segments.
– Supported by the continued implementation of policies that foster Egypt’s economic growth, the Bank’s gross loans and advances increased by EGP 59 billion to reach EGP 526 billion, reflecting a 13% growth compared with December 2025.
– Consolidated net profit amounted to EGP 18.6 billion, up by EGP 3.5 billion, representing a 23% increase compared with the same period in 2025. Meanwhile, standalone net profit reached EGP 17.8 billion, up 20% year-on-year.
– Total consolidated assets reached EGP 1.08 trillion as of the end of June 2026, an increase of EGP 149 billion compared with December 2025, representing a 16% growth.
– The Bank maintained a strong Capital Adequacy Ratio (CAR) of 25.68%, reflecting the effective implementation of prudent credit policies. The non-performing loan (NPL) ratio improved to 3.96%, down 69 basis points from the end of last year. Meanwhile, the loan loss coverage ratio for substandard loans reached 120.3%, up 845 basis points from year-end 2025.
– The Bank’s positive financial performance reflects the efficiency and resilience of its policies and operational procedures, enabling QNB to enhance its business operations, navigate economic challenges, remain competitive, and capitalize on market opportunities. During the period, the Bank expanded its branch network by opening two new branches, bringing the total to 240 and providing nationwide coverage to serve customers across all sectors.
– QNB continues to provide its customers with high-quality banking services through a wide range of advanced digital channels and remains committed to investing in the continuous enhancement of its digital banking services to deliver the best possible customer experience. Internet and mobile banking penetration reached 45% among the Bank’s retail customers. The number of users of the QNB electronic wallet—including both customers and non-customers—increased by 15%. In addition, the Bank’s corporate digital banking platform achieved a 45% penetration rate among corporate clients, with an activation rate approaching 70%. In comparison, nearly 96% of all banking transactions were conducted through digital channels.
– As part of its ongoing efforts to modernize its ATM network, QNB continued expanding and upgrading its ATMs across Egypt, bringing the total number of active ATMs to 899 as of June 2026.
– QNB has further reinforced its position as one of Egypt’s leading private-sector banks through its continued commitment to corporate social responsibility and participation in numerous initiatives aimed at creating a sustainable positive impact. In line with its longstanding commitment to community development, the Bank continues to support the Egyptian state and its institutions through initiatives and projects that improve the quality of life for the most vulnerable segments of society across various sectors.
– QNB also continues to play a leading role in supporting Egypt’s economic growth through a comprehensive suite of financial solutions that extend beyond traditional banking services. Through its subsidiaries—QNB Life Insurance, QNB Leasing, and QNB Factoring—the Bank offers integrated financial solutions delivered by specialized teams across its branch network to meet the evolving needs of this important customer segment.
