QNB's net profit rose 7% year-on-year to QAR 4.1 billion in the first quarter of 2024, supported by an 11% growth in operating income to around QAR 10.4 billion.
The financial statements of the largest banks in the Middle East and North Africa in terms of asset value showed a 7% increase in the value of the loan and advance portfolio to reach 867 billion riyals, in addition to a 6% increase in deposits to 880 billion riyals.