Top 50 Banks in The Middle East

Rank: 33


Date of Establishment: 1983
Country: Qatar
CEO: Hassan Ahmed AlEfrangi

Sales: $560 million

Profits: $187 million

Assets: $13.1 billion

Market Value: $2.5 billion

Ahlibank is the seventh-largest conventional bank in Qatar in terms of assets as of 2021, and is 47.7% owned by the Qatar Investment Authority. The bank operates a network of 14 branches throughout Qatar. In 2020, the bank issued the fourth tranche of its EMTN bond for $500 million to the international debt capital market. It also announced a five-year strategic partnership with Visa. Hassan Ahmed AlEfrangi  became CEO in 2020. He previously served as Group CEO of Qatar General Insurance & Reinsurance Co.