Doha, 23 April 2025 – Ahli Bank Q.P.S.C. (ABQK) announced a robust net profit of QR 229 million for the first quarter of 2025, reflecting a year-on-year growth of 5.1%. This solid performance underscores the Bank’s continued strategic momentum, resilience, and commitment to delivering sustainable value for all stakeholders.
Commenting on the results, Mr. Hassan Ahmed AlEfrangi, CEO of Ahlibank, stated: "We are pleased to report a strong start to 2025, with consistent growth across key financial metrics. Total assets increased by 3.6%, while loans and advances rose by 4.1%. Customer deposits grew by 4.6%, demonstrating the trust placed in us by our clients and the strength of our relationship-driven banking model. These results reflect our disciplined approach to financial management, strategic focus, and the solid fundamentals of Qatar’s economy."
Mr. AlEfrangi
also highlighted the Bank’s solid capital position and growing international confidence following the successful issuance of its sixth bond tranche, valued at USD 500 million: "This issuance not only reinforces our financial strength, but also reflects the continued confidence of global investors in Ahlibank and in the broader economic vision of the State of Qatar."
Reaffirming the Bank’s strategic direction, he added: "Our focus on digital transformation remains at the heart of our growth strategy. We are investing in advanced digital capabilities to deliver smarter, faster, and more personalized banking experiences. This is part of our ongoing commitment to innovation and our alignment with Qatar National Vision 2030. Equally important is our dedication to national talent development — nurturing the next generation of Qatari leaders remains a key priority for us."
Sheikh Faisal Bin AbdulAziz Bin Jassem Al-Thani, Chairman of Ahlibank, commented: "Ahlibank’s performance in the first quarter of 2025 reflects the Bank’s operational resilience and its ability to create sustainable value in a dynamic and evolving market. We are confident in our long-term strategy and remain optimistic about the Bank’s future growth trajectory."
He concluded with a message of gratitude: "On behalf of the Board, I extend our heartfelt appreciation to our loyal customers for their continued trust, to our shareholders for their steadfast support, and to our dedicated management and staff for their tireless efforts. We also thank the Qatar Central Bank for its unwavering guidance and support in enabling the banking sector to thrive."