1. Press Release
Financial Results
For The Three Months Ended
31 March 2013
Qatar National Bank SAQ Tel: (+974) 4440 7407
P.O. Box 1000, Doha, Qatar Fax: (+974) 4441 3753 qnb.com.qa

2. QNB Group's Key Financial Indicators
• Net Profit exceeded QR2.1 billion, up by 6.7% from same period
last year
• Total Assets stood at QR380 billion, up by 22.2% from March
2012
• Total Loans and Advances up by 28.7% from March 2012 to
reach QR259 billion
• Total Customer Deposits up by 28.2% from March 2012 to
reach QR280 billion
• Earnings Per Share reached QR3.1, compared to QR2.9 in
March 2012
• Total Shareholders' Equity increased to QR46 billion, up by
9.3% from March 2012.

3. QNB Group, the leading financial institution in the Middle East and North
Africa region, has announced its financial results for the three months ended 31
March 2013. A net profit of QR2.1 billion was achieved, up by 6.7% compared
to the same period last year, demonstrating QNB Group’s success in achieving
robust growth across business activities and the ability to record a strong growth
in profitability for the benefit of shareholders.
Key indicators of the financial results for the three months ended 31March 2013
are shown below. These results do not include financial results of NSGB- Egypt.
QNB Group has recently concluded the acquisition of a controlling stake in
NSGB amounting to 97.12%. It is anticipated that the incorporation of the
financial results of NSGB will be completed during the second quarter of 2013.
 Robust balance sheet growth
Total assets increased by 22.2% from March 2012 to reach QR380 billion, the
highest ever achieved by the Bank. This was the result of a strong growth rate of
28.7% in loans and advances to reach QR259 billion, while customer deposits
increased by 28.2% to QR280 billion.
 Maintenance of an outstanding assets quality
The Bank was able to maintain the ratio of non-performing loans to gross loans
at 1.4%, a level considered one of the lowest amongst banks in the Middle East
and Africa, reflecting the high quality of the Group’s loan book and the effective
management of credit risk. The Group’s conservative policy in regard to
provisioning continued with the coverage ratio reaching 119% in March 2013.

4.  Increased revenues with improved efficiency
Total operating income, including the share of results of associates, increased to
QR3.0 billion, up by 5.5% compared to March 2012, demonstrating QNB
Group’s success in achieving strong growth across the range of revenue sources.
Net interest income increased by 4.7% to reach QR2.4 billion, with net fees and
commissions and net gain from foreign exchange reaching QR350 million and
QR172 million, respectively, reflecting success in diversifying sources of
income.
The Group’s prudent cost control policy and strong revenue generating
capability allowed it to maintain efficiency ratio (cost to income ratio) of 17.7%,
which is considered one of the best ratios among financial institutions in the
region.
 Robust capitalisation
Total Equity increased by 9.3% from March 2012 to reach QR46 billion as at 31
March 2013. The capital adequacy ratio stood at 20.5% as at 31 March 2013, far
higher than the regulatory requirements of QCB and the Basel Committee. The
Group is keen to maintain a strong capitalisation in order to support future
strategic plans.
 Significant expansion of international presence
During the first quarter of 2013, QNB Group has successfully completed the
acquisition of a controlling stake in NSGB amounting to 97.12%, which
included the full stake of Société Générale – France amounting to 77.17% along
with 19.95% acquired from other shareholders.
This acquisition is considered one of the largest in the Middle East and is in line
with QNB Group’s strategy to expand its presence in selected markets in the

5. region that have a strong growth potential. This acquisition is an important step
for QNB Group to realise its vision of being a Middle East and Africa Icon by
2017.
NSGB has a solid financial position and a strong standing in Egypt’s banking
sector, with operations throughout the country.
The announced results of QNB Group do not include financial results of NSGB,
which are anticipated to be incorporated during the second quarter of 2013.
 High credit ratings
QNB Group has maintained its credit rating, which is considered as being one of
the highest in the region, with various rating agencies affirming the Bank’s
rating during the first quarter of 2013. This is as a result of QNB Group’s strong
financial position, high quality of its assets and leading position in the financial
sector.
As a result of the Bank’s high credit ratings and outstanding asset quality, it was
selected as one the world’s 50 safest financial institutions by Global Finance.
Based on the Group’s continuous strong performance and the expanding
international presence, the bank is currently ranked as the most valuable brand
in the MENA region, with a world ranking of 120.
 Innovative products and services
In line with ongoing efforts to expand the range of products and services, QNB
First was launched across all five branches in Oman. The introduction of this
elite and exclusive service for affluent customers is designed to meet their high
expectation, which is provided by a dedicated and highly experienced team. The
Group aims to roll out this service during this year to a number of countries in
the region where it operates.

6.  Staff development remains a key priority
With the addition of NSGB, QNB Group’s presence through its subsidiaries and
associate companies increased to 25 countries providing a comprehensive range
of advanced products and services. The total number of staff exceeded 13,000
operating from over 560 locations, with an ATM network exceeding 1,150
machines.
The Bank continues to place high emphasis on recruiting Qatari nationals and
provide them with dedicated training programs to further enhance their
capabilities. This has resulted in the Bank having a Qatarisation ratio that
exceeds 50%, the highest among financial institutions in Qatar.