1. Condensed 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, 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
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.
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.
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.
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.
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.

3. 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
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.
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.
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.