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LoginQNB Group Named Sustainable Lender of the Year at Regional Finance Awards
Doha, May 01 (QNA) - QNB Group has been named "Sustainable Lender of the Year" at the Middle East Transition Finance Awards 2026, organized by Environmental Finance.
The award, decided by an independent panel of industry experts, recognizes the bank's role in advancing sustainable finance and supporting economic growth across the Middle East and Africa.
By the end of 2025, QNB Group's sustainable financing portfolio had reached approximately $11.34 billion, marking a 21% increase compared with the previous year. The growth was driven by expansion in green, social and sustainability-linked loans, as well as increased participation in sustainable syndications. The group said it had been involved in around $20 billion of sustainability-linked loan transactions.
Green loans rose to $4.1 billion, while social loans reached $5.0 billion. Sustainability-linked loans also grew to $1.4 billion, reflecting what the bank described as continued alignment of its financing activities with sustainability objectives.
QNB Group said the recognition reflected its efforts to integrate sustainability across its operations and value chain, alongside support for clients transitioning in key sectors.
The bank's sustainable finance activities are guided by its Sustainable Finance and Product Framework, which it says is aligned with international principles and best practice. It also highlighted its approach to climate risk management, noting it was the first bank in Qatar to announce a Net Zero 2050 ambition and among the first in the region to align disclosures with International Financial Reporting Standards sustainability requirements, including independently assured, group-wide Scope 3 financed emissions.
The group said the award underlined its commitment to embedding sustainability at the core of its strategy and supporting the transition to a low-carbon economy, in line with Qatar National Vision 2030. (QNA)
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