THE MIDDLE EAST’S

92. QNB Egypt
Country: Egypt
Sector: Banks & Financial Services
CEO: Mohamed Bedeir
Market Value: $1.2 billion
Sales: $2.6 billion
Profits: $518 million
Assets: $16.1 billion
Established in April 1978, QNB Egypt has over 1.88 million active customers, 235 branches, 940 ATMs, and 39,952 points of sale. The bank’s net profit increased by 62.7% in 2024, while its assets jumped to $16.1 billion in 2024, an increase of 30.4% compared to 2023. It has four subsidiaries: QNB Factoring Company, QNB Leasing Company, QNB Life Insurance Company, and QNB Asset Management Egypt Company. The QNB Group has a majority stake of 94.97% of the bank, as of March 2025.