Ahlibank posts net profit of QR407m in H1

Doha, Qatar: Ahli Bank announced its financial results for the six months ended 30 June 2026, reporting a net profit of QR407m compared to QR402m for the corresponding period in 2025, representing an increase of 1.2%.

Commenting on the results, Hassan Ahmed AlEfrangi, Ahlibank’s Chief Executive Officer, said: “The Bank delivered a steady performance during the first half of 2026, reflecting disciplined execution of our strategy, and continued focus on serving our customers. Despite the evolving operating environment, we continued to strengthen our business banking initiatives while maintaining, strong capitalization and a good loan growth.”

AlEfrangi added: “Throughout the period, we continued to invest in digital banking capabilities, The retail focus on digitalization and distribution channelsis designed to improve efficiency, increase revenue and optimize costs. We also enhanced our products and services across retail and corporate banking. These initiatives position the Bank to deliver sustainable growth and long-term value for our shareholders and customers.”

Commenting on the financial results, Sheikh Faisal bin AbdulAziz bin Jassem Al-Thani, Chairman of Ahlibank, said: “The Bank is focused on executing its long-term strategy. Notwithstanding the geopolitical developments, the Bank remains well positioned in contributing to Qatar’s continued economic development.”