Ahlibank
Rank: 15
Sector: Banks & Financial Services
Date of establishment: 1983
Market value : $2.7 billion
Name: Hassan Ahmed AlEfrangi
Designation: CEO
Ahlibank is the seventh-largest conventional bank in Qatar in terms of assets as of 2021 and is 47.7% owned by the Qatar Investment Authority. During the first nine months of 2021, the bank completed the fifth bond issuance for $500 million under its $2 billion EMTN Programme in the international debt capital markets. The bank recorded $283 million in total operating income for the first nine months of 2021 and its assets increased by 2% to $13.3 billion as of September. In July 2021, Ahlibank launched its new Ahlipay Digital Wallet for its clients in Qatar.