The Qatar National Bank (Arabic بنك قطر الوطني, DMG Bank Qatar al - Watani ) is the largest private universal bank in Qatar. It was founded in 1964 in Doha and today ranks among the largest banks in the Middle East. Total assets in 2009 amounted to approximately 179.3 billion QAR what the interbank rate around € 34.3 billion corresponded on December 31, 2009. This corresponds approximately to the total assets of the Hamburger Sparkasse. The profit was about 4.2 billion QAR what the interbank rate around € 801 million corresponded on December 31, 2009. The ROE was approximately 21.2% and an equity ratio of about 11%. The bank has 1,300 employees (1,600 with foreign investments ).
QNB was provided by leading rating companies with good ratings (Standard & Poor's: A , Moody's: Aa3, Fitch Ratings: A and Capital Intelligence: AA ).
You ever heard of half of the state Qatar Investment Authority and private investors. Since its inception, it has grown steadily and now has in Qatar a market share of 40%. She is currently working in 22 countries. It has grown rapidly in recent years; the CAGR2005 - 2009 for the balance sheet total was 37.5 %, the. for winning at 28.7 %
Currently, the company is building a new headquarters in Doha, Qatar the National Bank Tower, a 510 meter-high skyscraper, which will count at its opening in 2014 of the tallest buildings in the world.