QNB Alahli: Best SME Bank Egypt 2023 and Best Retail Bank Egypt 2023
QNB Alahli combines the benefits of local expertise with the international scale of its parent company, which has grown over the past six decades to become the largest financial institution in the Middle East and Africa.
QNB Alahli offers a wide range of services for business and retail clients that align with ongoing trends in digital transformation, financial inclusion and sustainable finance. At the COP27 conference, the bank entered collaborations with the European Bank for Reconstruction and Development to promote green mortgage financing, climate risk management practices and technical assistance and incentive grants for green economy youth projects. QNB Alahli launched Nilepreneurs, a five-year running programme, in collaboration with the Nile University to develop, support and train the next generation of SME entrepreneurs. It has implemented financial inclusion measures to bring modern banking conveniences to artisans and micro businesses. The bank has established specialised subsidiaries to meet Egypt’s leasing, factoring and life insurance needs. QNB Alahli serves more than 1.4 million individual and business clients through a network of hundreds of banking branches and ATMs along with thousands of POS merchants nationwide. The bank has maintained a sound asset quality and cost ratios, while also achieving substantial growth in its loan and deposit portfolio, market share and returns.
The CFI.co judging panel presents QNB Alahli — a longstanding repeat programme winner — with the 2023 awards for Best SME Bank and Best Retail Bank (Egypt).
