PRESSR: QIB named Bank of the Year – Qatar by The Banker, a Financial Times publication

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Doha, Qatar – Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has been named Bank of the Year – Qatar by The Banker magazine, a Financial Times publication. The announcement was made during a ceremony held recently in London, where the accolade was formally presented to the Bank.This prestigious recognition highlights QIB’s strong financial performance, leadership in Islamic banking, and continued success in delivering innovative, customer-centric digital solutions. It also underscores the Bank’s disciplined execution of its strategy, with a clear focus on prudent risk management, operational efficiency, and long-term value creation for its customers, shareholders, and the wider community.In recent years, QIB has continued to invest in cutting-edge technologies and data-driven capabilities to provide a seamless, secure, and personalized banking experience. The Bank’s mobile-first approach, end-to-end digital journeys, and enhanced self-service channels have redefined convenience for individuals, SMEs, and corporate customers.The Bank has consistently showcased robust financial growth, setting a benchmark for the Islamic financial industry. QIB’s notable financial ratios in Qatar and the broader MENA region, including the best efficiency ratio, showcase its commitment to continuously generating value for its shareholders.During the first nine months of 2025, QIB reported a net profit of QAR 3,455 million, reflecting a growth of 5.8% compared to the same period in 2024. Total assets reached QAR 214.7 billion, marking an increase of 6.9% compared to 31 December 2024. The Bank continues to enjoy strong credit ratings, with Moody’s affirming its long-term rating at ‘A1’, Fitch Ratings maintaining the Bank at ‘A’ with a stable outlook, and Capital Intelligence Ratings keeping the long-term rating at ‘AA-’ with a stable outlook.Moreover, QIB’s commendable commitment to sustainability aligns with both national and international criteria. The integration of ESG considerations into its operations and risk management framework, coupled with support for sustainable projects, underscores its dedication to environmental and social responsibility.Commenting on the recognition, Mr. Bassel Gamal, QIB’s Group CEO, said: “We are happy to be named Bank of the Year by The Banker. This award is a testament to the strength of our vision and the trust placed in us by our...

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