QNB AlAhli

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Overview

QNB AlAhli is Egyptian commercial bank + QNB Group Qatar parent QE: QNBK fully owned post-Mar 2013 ~$2.0B acquisition of NSGB National Société Générale Bank Egypt + one of Egypt's largest private commercial banks + ~1M+ Egyptian QNB AlAhli customers [1, eg-cro].

History

1978 — NSGB National Société Générale Bank Egypt founded as Société Générale French parent Egyptian subsidiary.

Mar 5 2013 — QNB Group Qatar parent acquires NSGB Egypt from Société Générale for ~$2.0B.

2014 — NSGB rebranded as QNB AlAhli + QNB Mobile mobile banking app launch.

Ownership & operator

Operating entity: QNB AlAhli (Egyptian commercial bank; QNB Group Qatar parent fully owned).

Major shareholders: QNB Group (QE: QNBK; Qatar's largest commercial bank by assets; Qatar Investment Authority QIA Qatari sovereign wealth fund ~50%+ controlling) fully owned.

Regulators: Central Bank of Egypt + Qatar Central Bank QCB.

Technical integration

QNB Mobile Egypt mobile app (iOS + Android; ~1M+ Egyptian QNB AlAhli customers) + qnbalahli.com online + QNB AlAhli branch network across Egypt + QNB Visa + Mastercard cards; EG IBAN + InstaPay + Meeza QR.

Implementations & partners

QNB Group parent: [[qnb-group]] (QNB Group; QE: QNBK; Qatar's largest commercial bank by assets; Qatar Investment Authority QIA ~50%+ controlling).

Major Egyptian banking + payments competitors: [[nbe-egypt]] (National Bank of Egypt NBE; Egyptian state-owned commercial bank; Egypt's largest commercial bank by assets) + [[banque-misr]] (Banque Misr; Egyptian state-owned commercial bank; Egypt's #2 commercial bank by assets) + [[cib-egypt]] (CIB Commercial International Bank Egypt; EGX: COMI + LSE: CIB; Egypt's largest private commercial bank by assets + market capitalization) + [[alex-bank]] (AlexBank Bank of Alexandria; Intesa Sanpaolo Italian parent Egyptian subsidiary) + [[banque-du-caire]] (Banque du Caire; Egyptian state-owned commercial bank) + [[fab-egypt]] (FAB Egypt; First Abu Dhabi Bank UAE parent Egyptian subsidiary) + [[adib-egypt]] (ADIB Egypt; Abu Dhabi Islamic Bank UAE parent Egyptian subsidiary).

Regulators: Central Bank of Egypt + Qatar Central Bank QCB.

Status

Active, Egyptian commercial bank + QNB Group Qatar parent QE:QNBK fully owned post-Mar 2013 ~$2.0B acquisition of NSGB National Société Générale Bank Egypt + one of Egypt's largest private commercial banks + ~1M+ Egyptian QNB AlAhli customers [1, 2].

Sources

1 QNB AlAhli — official
2 QNB AlAhli — Wikipedia
eg-cro In-corpus: reports/countries/EG-egypt.md

Source

Biography extracted from qnb-alahli.md. See matrix.md for standards-support matrix if present.