Sheikh Abdullah bin Thani bin Abdullah al-Thani, Vice Chairman and Managing Director of QIIB and QIIB Chief Executive Officer, Dr. Abdulbasit Ahmed al-Shaibei
Doha, Qatar: Sheikh Abdullah bin Thani bin Abdullah al-Thani, Vice Chairman and Managing Director of QIIB, announced the Bank’s financial results for the first half of the year, which ended on June 30.
The results demonstrate the Bank’s continued strong and balanced financial and operational performance, reinforcing its financial position and keeping pace with the growth of the Qatari economy under the wise leadership of the Amir H H Sheikh Tamim bin Hamad al-Thani.
The announcement followed a meeting of the Bank’s Board of Directors, chaired by Sheikh Abdullah bin Thani, dedicated to discussing and approving the financial statements for the first half (H1) of 2026.
The statements revealed that QIIB achieved a net profit of QR713m in H1-2026, compared to QR689m in H1-2025, representing a growth rate of 3.5%. Earnings Per Share (EPS) reached QR0.42.
At the conclusion of the Board meeting, Sheikh Abdullah bin Thani stated: “The results for the H1-2026 reflect the success of the strategy adopted by the Board of Directors, which is based on achieving balanced and sustainable growth while maintaining high levels of discipline in risk management, amid challenging global economic environment.
“QIIB has maintained a balanced growth momentum, backed by the encouraging business environment and the high solvency that characterises the Qatari economy, particularly the promising opportunities it offers thanks to economic stability, prudent policies, and the wise guidance of the regulatory authorities.”
He continued: “We continue to enhance our policies and procedures to strengthen our capability to face potential challenges, with a strategic priority focused on the local market. This market enjoys an abundance of rich opportunities across various business sectors, and we are committed to actively participating in development plans in a way that balances growth and sustainability, bringing the greatest benefits to society.”
The Vice Chairman and MD noted that QIIB continues to develop its infrastructure and technology, emphasising: “The Bank continues to reap the fruits of digital transformation, which has become one of our most important operational strengths. This ensures the delivery of more efficient and innovative services, enabling us to keep pace with the rapid changes in the global banking industry.”
He pointed out that international credit rating agencies have provided QIIB high ratings, confirming the robustness of its financial position.
In its recent review for 2026, Moody’s Investors Service affirmed QIIB’s Long-Term Rating at ‘A2’ with a ‘stable’ outlook, citing the resilience of the Bank’s financial position and strong sovereign solvency. Similarly, Fitch Ratings affirmed the Bank’s rating at ‘A’.
He explained that these strong ratings were based on several criteria, most notably asset quality, outstanding profitability, exceptional operational efficiency, robust capital levels, and high liquidity.
Sheikh Abdullah bin Thani concluded his statement by thanking the Executive Management and all the Bank’s employees for their great and sincere efforts during the H1-2026, which contributed to achieving these distinguished results. He urged everyone to maintain this performance to meet customer expectations and maximise shareholder returns.
For his part, QIIB Chief Executive Officer, Dr. Abdulbasit Ahmed al-Shaibei detailed the Bank’s results at the end of the H1-2026,noting that total income reached to QR1.61bn.
“QIIB’s total assets reached QR63.8bn at the end of the H1-2026, with a growth rate of 5.4% compared to H1-2025.
Financing assets rose to QR44.1bn, a growth of 13.1%, while customer deposits reached QR43.1bn with a growth of 2.1%. This reflects continued balanced growth and growing confidence in the Bank from various customer segments.”
The CEO also explained that the Bank continued to enhance its outstanding operational efficiency, as the cost-to-income ratio stood at 19.7%. This remains one of the benchmark and outstanding ratios in the banking sector, confirming the Bank’s success in improving operational efficiency, particularly with the increasing reliance on technological channels and digital banking solutions.
With regard to asset quality indicators and the effectiveness of risk management policies, Dr. al-Shaibei stated: “QIIB operates according to a proactive approach to risk management, as the non-performing financing (NPL) ratio remained at a low level of 2.54%, while the coverage ratio reached 100%, confirming the quality of the financing portfolio and the low levels of credit risk.”
Dr al-Shaibei confirmed that the Capital Adequacy Ratio (CAR) under Basel III requirements stood at 21.41% at the end of the H1-2026, a ratio that far exceeds the minimum limits required by regulatory authorities and the Qatar Central Bank. This reflects the robustness of the Bank’s capital base and its high capacity to absorb various challenges and face potential risks with high resilience.
Dr. Abdulbasit Ahmed al-Shaibei concluded, “We are proud of the strong results and stable performance achieved by QIIB during the first half of this year. We are moving forward with confidence, backed by a solid financial base and a balanced approach that combines growth, innovation, and risk management.
“We look forward to continuing our journey of success and development, achieving the best returns for our shareholders and customers, while committing to the highest standards of transparency and sustainability.”
