Wednesday 16 April 2014
 
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CBQ

CBQ foreign ownership limit raised to 25pc

Foreign investors can own from Sunday 25 percent of Commercial Bank of Qatar's shares, a statement from the stock exchange said, as the lender becomes the latest firm to loosen ownership restrictions prior to the country's MSCI upgrade.

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Commercial Bank of Qatar profit drops

Commercial Bank of Qatar , the country's second-largest lender by assets, reported a drop in fourth-quarter net profit on Monday, missing analysts' forecasts as provisioning for bad loans rose substantially. The bank made

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CBQ eyes local bank tie-ups to fund infrastructure

Commercial Bank of Qatar is open to tie-ups with local financial institutions and could sell bonds next year to fund infrastructure lending in the Gulf Arab state, its recently appointed chief executive was quoted as saying. The l

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CBQ completes stake buy into Turkey bank

Commercial Bank of Qatar (CBQ), the Gulf Arab state's second-largest lender by assets, said on Thursday it had completed the purchase of a 70.84 percent stake in Turkey's Alternatifbank. The transaction has received the as

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Top Qatar banks to raise foreign ownership limits

Commercial Bank of Qatar (CBQ) and Qatar Islamic Bank (QIB) have asked Qatar Exchange to increase the number of their shares available to foreign investors to 25 percent of their market capitalisation, the exchange said on Wednesday.

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CBQ plans bond sale to boost capital

Commercial Bank Of Qatar (CBQ), which is buying a majority stake in Turkish lender Alternatifbank, has picked two banks for a potential bond sale to boost its core capital, sources said. The sale of a capital-boosting bond, a rare

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CBQ to buy majority stake in Turkey's ABank

  Commercial Bank of Qatar (CBQ) will acquire a 70.84 per cent shareholding in Turkey's Alternatifbank A S (ABank) from Anadolu Endustri Holding A S, it was revealed today. CBQ said the shares will be bought for two ti

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CBQ posts 19pc Q4 profit jump

Commercial Bank of Qatar (CBQ), which is eyeing a majority stake in Turkey's Alternatifbank, posted a 19 per cent jump in fourth-quarter net profit on Sunday on increased lending, but still trailed analysts' forecasts. The

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NBAD lead arranger of $455m loan for CBQ

The National Bank of Abu Dhabi (NBAD), a leading bank in the UAE, successfully closed a $ 455 million club loan facility for Commercial Bank of Qatar (CBQ). Despite challenging market conditions, the facility was undertaken by a selected g

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CBQ signs $455m loan

Commercial Bank of Qatar signed a $455 million term loan with a club of seven regional and international banks, it said in a statement to Qatar's bourse on Thursday. The cash will be used for general corporate purposes, the bank said. It

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