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Trades about 735% below its sector, cheaper than its peers on earnings.
PT Bank QNB Indonesia Tbk delivers a broad spectrum of banking products and financial services across Indonesia. Its retail and business offerings encompass diverse account types, including savings, checking, current, and multi-currency options, in addition to time deposits. The bank also provides various mutual funds, such as equity, money market, capital protected, fixed income, and balance funds, along with bancassurance services. For corporate clients, it offers cash management and trade finance solutions. Digital convenience is provided through mobile and online banking platforms, complemented by ATM services. As of December 31, 2021, the bank's presence spanned Jakarta, Sumatera, Jawa, and the East region, supported by a network of 10 branch offices, 7 sub-branch offices, and 19 ATMs. Founded in 1913 and headquartered in Jakarta, Indonesia, the company was formerly known as PT Bank QNB Kesawan Tbk before rebranding to its current name in July 2014. PT Bank QNB Indonesia Tbk operates as a subsidiary of Qatar National Bank (Q.P.S.C.).
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