Established in 1964, QNB is the largest bank in Qatar. It is a Qatari-owned commercial bank, with 51.93% owned by the Qatar Investment Authority. The group has a presence in more than 28 countries across three continents. It employs 28,000 people serving over 27 million customers. In 2022, the group’s assets hit $326.7 billion, with net profits of $4 billion, an increase of 9% compared to 2021. In November 2022, QNB signed a strategic partnership agreement with SADAD Payment Solutions to develop electronic payments in Qatar. It also partnered with Ajlan & Bros Holding to develop its digital banking presence in Saudi Arabia.