Doha Bank Reports Net Profit of QAR 436 Million for First Half of 2026
Doha Bank announced its financial results for the six-month period ended 30 June 2026. Sheikh Mohamed bin Fahad Al Thani, Chairman of the Board of Directors, stated that the bank’s Interim Condensed Consolidated Financial Information for the period ended 30 June 2026 reported a net profit of QAR 436 million, representing a decrease of 6.7% compared with the corresponding period of 2025.
Sheikh Mohamed added that the total assets as at June 30, 2026, reached QAR 122.5 billion, marginally below by 0.4% year on year. Net loans and advances reached QAR 72.9 billion, representing growth of 21.5% compared with the same period last year. Customer deposits grew by QAR 4.6 billion or 9.0% year-on-year to reach QAR 55.5 billion as at 30 June 2026. The investment portfolio decreased by QAR 3.8 billion or 10.1% year-on-year to reach QAR 33.9 billion. The Chairman also stated that operating income for the period was QAR 1,389 million, an increase of 6.6% versus the first half last year.
The Chairman stated, “the first half of 2026 demonstrated the resilience of Qatar’s economy and the strength of Doha Bank’s business model. Despite heightened regional volatility and its impact on economic activity across the region, Qatar’s robust fundamentals, disciplined economic management, and continued commitment to development under Qatar National Vision 2030 have provided a strong foundation for sustainable growth. Doha Bank remains committed to supporting national priorities, fostering private sector development, and creating long-term value for our shareholders, customers, and the communities”.
Sheikh Abdulrahman Bin Fahad Bin Faisal Al Thani, Group CEO, stated, “the bank continues to maintain stable capital and liquidity positions. The Common Equity Tier 1 (CET1) ratio stood at 12.94%, while the Total Capital Adequacy Ratio remained strong at 18.78%. The total equity reached QAR 15.3 billion, showing an increase of 2.6% compared with the corresponding period last year”. Sheikh Abdulrahman Bin Fahad added, “our performance during the first half of 2026 reflects the dedication of our teams, the strength of our balance sheet, and our ability to execute with discipline during a period of regional uncertainty. We continued to improve asset quality, with the impaired loan ratio improving to 6.29% as of Q2 2026, compared with 7.66% in Q2 2025. During the period, both Fitch and Moody’s reaffirmed Doha Bank’s investment-grade credit ratings, underscoring the Bank’s financial strength and resilience. Doha Bank maintained strong execution of its strategic priorities through digital innovation, customer growth, ESG advancement, and operational excellence, reinforcing its position as a leading Qatari financial institution and accelerating its transformation into a more agile, customer-centric bank.”
Strategic Highlights During Q2 2026
- Fitch reaffirmed Doha Bank’s ‘A’ Long-Term Issuer Default Rating, while Moody’s affirmed its Baa1 rating with a stable outlook.
- Became the first bank in Qatar to integrate Qatar Digital Identity (QDI) in its digital onboarding process.
- Launched innovative customer experience and self-service solutions through the Customer Experience Kiosk (CXK).
- Enhanced ESG governance through revisions to the Bank’s ESG Policy, publication of its inaugural Tax Transparency Statement, and appointment of its first female board member.
- Launched Al Dana 2026, Doha Bank’s flagship savings campaign, reinforcing its commitment to financial wellbeing and customer engagement.
- Received two prestigious accolades at the Euromoney Private Banking Awards 2026—widely regarded as one of the most respected benchmarks in global wealth management—winning “Best for Client Service” and “Best for Funds” in Qatar.
Supporting Qatar’s Future
Doha Bank remains committed to supporting Qatar’s economic diversification, digital transformation, and sustainable development ambitions. Through continued investment in technology, talent, governance, and customer-centric innovation, the Bank is helping advance the objectives of Qatar National Vision 2030 while creating sustainable value for all stakeholders.
Sheikh Abdulrahman, GCEO closed with, “looking ahead, we remain optimistic about the opportunities arising from Qatar’s economic diversification agenda, ongoing investment programs, and the continued expansion of the country’s financial sector. We will continue to accelerate our digital-first strategy, deepen customer relationships, and pursue sustainable growth while maintaining prudent risk management. Supported by Qatar’s strong economic outlook and our clearly defined strategic direction, Doha Bank is well positioned to deliver long-term value for all stakeholders.”