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Qatar News Agency reported that Qatar International Islamic Bank has once again received Citibank New York’s 2026 Straight Through Processing Excellence Award for international payments. The recognition highlights the bank’s strong operational capabilities and the efficiency of its international payment processing that enables transactions to be executed swiftly and reliably without manual intervention. This level of performance is supported by robust systems designed to manage the growing volume of international financial transactions.
The award underscores the effectiveness of QIIB’s strategy to further automate its operations while strengthening its payments infrastructure and enhancing customer experience in line with the highest international standards. Qatar International Islamic Bank has demonstrated high levels of accuracy and speed in processing both incoming and outgoing transfers along with record straight-through processing rates. Such achievements reflect the bank’s commitment to operational efficiency in a competitive sector.
QIIB’s latest financial statements placed total assets at QAR 63.834 billion as of June 30, 2026, reflecting a 1.9 percent increase from the end of 2025. Net Islamic financing facilities reached QAR 44.062 billion in the first half of the year, a 5 percent rise from December 2025 figures, while the capital adequacy ratio stood at 21.4 percent. The bank maintained a non-performing loans ratio of 2.5 percent during the period.
A First Bank ranking of the 100 largest Arab banks positioned QIIB 56th with assets of approximately $17.52 billion at end-June 2026. The Qatari banking sector secured eight places in that top 100 list, illustrating its regional significance. Qatar International Islamic Bank also held the fifth spot by market capitalization on the Qatar Exchange among listed banks with a value of QAR 16.8 billion.
Established in 1991 by an Amiri Decree, the bank operates 17 branches, one digital branch and 75 automated teller machines across Qatar according to its corporate profile. Qatari companies and individuals own 63 percent of its shares with the Qatar Investment Authority among major stakeholders. The award from Citibank reinforces QIIB’s standing in correspondent banking and cross-border financial services.
