1. Press Release
QNB Group continued to record robust growth in profitability, with Net Profit for 2012
exceeding QR8.3 billion, up by 11.1% compared to 2011. These results, the highest ever
achieved by the Group, demonstrated once again its resilience and revenue-generating
capacity, as well as outstanding success in expanding the Group’s core business activities.
The Board of Directors is recommending to the General Assembly the distribution of a cash
dividend of 60% of the nominal share value (QR6.0 per share). The financial results for 2012
along with the profit distribution are subject to Qatar Central Bank (QCB) approval.
Total assets increased by 21.5% to reach QR367 billion, the highest ever achieved by the
Bank. This was the result of a strong growth rate of 28.9% in loans and advances to reach
QR250 billion. Meanwhile, customer deposits recorded a solid growth of 34.9% to QR270
billion, resulting in improved liquidity with the loans to deposits ratio reaching 92.6% at year-
end 2012.
The Bank was able to maintain the ratio of non-performing loans to total loans at 1.3%, a
level considered one of the lowest amongst banks in the Middle East and Africa. The Group’s
conservative policy in regard to provisioning continued with the coverage ratio reaching
115% in 2012.
Total operating income including share of results of associates increased to QR11.5 billion,
up by 12.8% compared to 2011, as QNB Group succeeded in achieving strong growth across
the range of revenue sources.
The Group’s prudent cost control policy and strong revenue generating capability allowed it
to maintain its efficiency ratio (cost to income ratio) at 16.8%, which is considered one of the
best ratios among financial institutions in the region.
Total Equity increased by 12.6% to reach QR48.0 billion as at 31 December 2012. The capital
adequacy ratio reached 21.0% at year-end 2012, far higher than the regulatory requirements of
QCB and the Basil Committee.
Qatar National Bank SAQ Tel: (+974) 4440 7407
P.O. Box 1000, Doha, Qatar Fax: (+974) 4441 3753 qnb.com.qa

2. QNB Group was able to record a strong return to shareholders, with the return on average
shareholder’s equity reaching 20.5% in 2012.
QNB Group's credit rating was affirmed during 2012 by Capital Intelligence, Fitch, Moody’s
and Standard & Poor's. QNB Group maintains one of the highest ratings in the Middle East
and North Africa (MENA) Region. The Group’s ratings were affirmed post the announcement
to acquire National Société Générale Bank (NSGB), a reflection of the confidence in its
strategy and the management of its expansion plans.
The Group’s high credit ratings and outstanding asset quality allowed it to be recognized as
one the world’s 50 safest financial institutions by Global Finance.
During 2012, QNB Group completed a number of transactions to further solidify its presence
in the MENA Region. The most significant transaction was the agreement with Société
Générale to acquire its full stake of 77.17% in NSGB, the second largest private bank in
Egypt.
The Bank has also concluded the acquisition of a 49% stake in the Bank of Commerce and
Development in Libya, the country’s leading private sector bank. The Group’s stake in a
number of institutions was also increased. This included increasing ownership in the UAE-
based Commercial Bank International (CBI) from 24% to 40% and the Iraq-based Mansour
Bank from 23% to 51%.
With operations in 24 countries across Asia, Europe and Africa, the Group is in a strong
position to reach its 2017 vision to become a Middle East and Africa Icon.
During 2012, two issuances under the Bank’s Euro Medium Term Note Programme (EMTN
Programme) were successfully launched each at US$1.0 billion, with very attractive rates. As
part of ongoing efforts to diversify the investor base, the London Certificates of Deposit (CD)
programme was effectively launched during the year. The Bank has also successfully closed a
US$1.8 billion three-year term loan facility at competitive rates.
Currently, nearly 8,800 staff are employed by QNB Group, its subsidiaries and associate
companies having a branch network comprising almost 400 branches and offices, with an
ATM network that exceeds 800 machines. Upon the completion of the regulatory approvals to
acquire NSGB, the number of staff will increase to almost 13,000 with the branch network at
more than 560 supported by 1,150 ATM machines.
For further information, please contact QNB’s Group Strategy - Economics, Financial
Analysis and Research at (+974) 55879260, Fax (+974) 44428682, email: PR@qnb.com.qa or
visit QNB’s website www.qnb.com.qa