QNB Announces H1 2026 Financial Results: Consolidated Net Profit Jumps to EGP 18.6 Billion and Assets Exceed One Trillion
hamdy Abdelrashid
QNB announced its standalone and consolidated financial results for the financial period ending in June 2026, recording exceptional performance and robust growth across all its key indicators. These results reflect the bank's success in executing its expansion strategy and the efficiency of its operational policies in navigating the dynamics of the Egyptian market.
Key Financial Indicators (June 2026)
The bank achieved a remarkable leap in its business volume, with the most prominent results summarized as follows:
Consolidated Net Profit: Jumped to EGP 18.6 billion, marking an increase of EGP 3.5 billion (a 23% growth rate) compared to the same period in 2025.
Standalone Net Profit: Reached EGP 17.8 billion, achieving a growth rate of 20%.
Total Assets: Surpassed the one trillion mark to record EGP 1.08 trillion, an increase of EGP 149 billion (a 16% growth rate) compared to the end of December 2025.
Customer Deposits: Rose to EGP 908 billion, reflecting an increase of EGP 131 billion (a 17% growth rate).
Loans and Advances Portfolio: Increased by EGP 59 billion to reach a total of EGP 526 billion (a 13% growth rate), further supporting the growth of the national economy.
Operational Efficiency and Risk Management
The positive results demonstrated the resilience of the bank's financial position and the efficiency of its credit policies, highlighting:
The Capital Adequacy Ratio (CAR) reached an excellent level of 25.68%.
The Non-Performing Loans (NPL) ratio stood at 3.96%, achieving an improvement of 69 basis points compared to the end of the previous year.
The Provision Coverage Ratio for substandard loans increased to 120.3%, marking a rise of 845 basis points.
Digital Transformation and Geographical Expansion
QNB continued to strengthen its infrastructure and expand its geographical footprint to deliver a premium banking experience for its customers:
Digital Channels: Accounted for approximately 96% of all banking transactions.
Online and Mobile Banking: Reached a penetration rate of 45% among individual customers, alongside a 15% growth in the number of e-wallet users.
Corporate Digital Platform: Achieved a penetration rate of 45% among corporate clients, with an activation rate nearing 70%.
Branch and ATM Network: The bank's network expanded to include 240 branches (after adding two new branches this year), supported by 899 active ATMs covering the entire republic.
Corporate Social Responsibility and Integrated Services
QNB reaffirmed its ongoing commitment to its leading role as one of the largest private sector banks in Egypt through active participation in community service initiatives and solidarity with state institutions to provide a better quality of life for the most vulnerable groups.
Alongside its traditional banking services, the bank offers integrated financial solutions to support economic growth through its network of subsidiaries, which include QNB Life Insurance, QNB Financial Leasing, and QNB Factoring. This comprehensive offering is facilitated by a dedicated team of specialists available across the bank's extensive branch network to serve various customer segments.
