QNB Group wins sustainable lender of the year 2026 award

QNB Group wins sustainable lender of the year 2026 award -GCC Business News
Image credits: QNA | Cropped by GBN
By Desk Reporter, GCC Business News

QNB Group has been awarded ‘Sustainable Lender of the Year’ at the Middle East Transition Finance Awards 2026, organized by Environmental Finance, recognizing its contribution to advancing sustainable finance across the Middle East and Africa.

The award was determined by an independent panel of industry experts and highlights the bank’s role in supporting economic growth while promoting environmentally and socially responsible financing practices in the region.

By the end of 2025, QNB Group’s sustainable financing portfolio reached approximately $11.34 billion, representing a 21 percent year-on-year increase. The growth was driven by expansion in green, social and sustainability-linked loans, along with increased participation in sustainable syndications. The group reported involvement in around $20 billion of sustainability-linked loan transactions.

Green loans rose to $4.1 billion, while social loans totaled $5.0 billion. Sustainability-linked loans increased to $1.4 billion, reflecting continued alignment of the bank’s financing activities with sustainability objectives.

QNB Group said the recognition underscores its efforts to integrate sustainability across its operations and value chain, as well as its support for clients transitioning in key sectors.

The bank’s sustainable finance activities are guided by its Sustainable Finance and Product Framework, aligned with international principles and best practices. It also highlighted its climate risk management approach, 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 QNB Group stated that the award reinforces 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.

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