QNB Egypt
Egyptian bank
From Wikipedia, the free encyclopedia
QNB Egypt (formerly QNB Al Ahli[2]) is a major Egyptian bank, between the big five banks. It is the local subsidiary of the Qatar National Bank Group and has approximately 2 million customers.[3]
| |
 Agency in cairo | |
| Formerly | QNB Al Ahli |
|---|---|
Company type | Subsidiary |
| EGX: QNBE | |
| ISIN | EGS60081C014 |
| Industry | Financial services |
| Predecessor | National Société Générale Bank |
| Founded | 2013 |
| Headquarters | , |
Number of locations | 239 (2025) |
Area served | Egypt |
Key people | Ali Rashid Al-Mohannadi (Chairman) Mohamed Mahmoud Bedeir (CEO) |
| Revenue | EGP 30 billions (2025) (USD 571 millions)[1] |
| EGP 49,4 billions (2025) (USD 939 millions)[1] | |
| Total assets | EGP 929 billions (2025) (USD 17,6 billions)[1] |
| Total equity | EGP 116 billions (2025) (USD 2,2 billions)[1] |
Number of employees | 7600 (2025) |
| Parent | QNB Group |
| Website | www |
History
Originally established as Banque Nationale Société Générale in 1978,[4] with a stake held by the National Bank of Egypt.
In 2013, the QNB Group acquired a majority stake from Société Générale for US$2 billion.[5]
In 2024, as part of a strategic move to unify its global brand identity, the bank gradually phased out the "Al Ahli" name in Egypt, officially becoming QNB Egypt.[6]
In October 2025, the bank received authorization to launch its digital banking platform, ezbank.[7]
