“Can the largest bank in the Middle East and Africa become the region's dominant embedded finance and open banking infrastructure provider for corporate clients?”
Founded in 1964 as Qatar's first commercial bank, QNB Group has grown into the largest financial institution in the Middle East and Africa with a presence across 28+ countries. The bank has progressively digitized its corporate banking infrastructure, deploying iGTB's CBX platform across 14 countries (2019) and launching Qatar's first open banking API for corporate clients (2024). More recently, QNB has leaned into embedded finance by offering Banking as a Service through its Turkish subsidiary (QNB Turkey), partnering with TransferMate for cross-border B2B multicurrency collections, and pioneering card innovations such as Mastercard VCN and Visa Installment Solution in Qatar.