QNB Egypt has established various subsidiaries in specialized fields that will position QNB Egypt as a major financial institution. The creation of these subsidiaries further demonstrates the commitment of QNB Group towards the Egyptian society.
QNB Leasing Company established on 1997
QNB Leasing Company is the first incorporated Egyptian leasing company to provide leasing services to Egyptian companies. It is the market leader with around 2 billion book value assets leased
QNB Life Insurance Company established on 2003
QNB Life Insurance Company s a subsidiary of QNB Egypt . The company has developed a large range of products meeting main customer needs in saving and planning ( AlRafiq Graduation, AlRafiq Wedding, AlRafiq Retirement, AlRafiq Project)& El Nokhba saving program . In addition, the protection policies for both individuals and corporate staff. Licensed by EISA, the company is among the few players in Egypt combining local roots with international standards
QNB Factoring Company established on 2012
QNB Factoring Company is a subsidiary of QNB Egypt that began its activity on 2012. It is a financial institution specializing in all kinds of factoring activities by offering factoring services both locally and internationally. QNB Factoring enjoys all the means, competencies and rapid business solutions of factoring to meet the needs of customers, mainly in the order of financial & commercial operations and micro-niche. This is attributed to its broad spectrum of the Egyptian and the global market, as well as, its international network expertise.