Friday 24 May 2013
 
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CBQ

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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CBQ Q3 net profit jumps 8.7pc to $151.9m

Commercial Bank of Qatar (CBQ), the country's third largest lender by market value, reported an 8.7 percent jump in third-quarter profit on Monday on increased lending and deposits. CBQ made a net profit of 552 million riyals ($151.9 milli

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CBQ picks banks for $5bn bond deal

Commercial Bank of Qatar, the third largest lender in Qatar, appointed three banks and its own investment banking unit to arrange a $5 billion bond programme, a prospectus showed on Thursday. The Qatari bank selected BNP Paribas, HSBC, Mor

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CBQ seeks nod for $5bn bond programme

Commercial Bank of Qatar (CBQ) will seek approval from shareholders to establish a $5 billion bond programme, according to a regulatory filing. If approved, the Euro medium term notes programme would allow the bank, or its subsidiary CBQ F

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CBQ profit jumps 29pc to $139.5m in Q3

Commercial Bank of Qatar (CBQ) reported a 28.9 per cent jump in third-quarter net profit on Tuesday, beating analysts' expectations on average on increased loan activity and deposits. Qatar's third-largest bank by market value post

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Commercial Bank of Qatar CEO resigns

Commercial Bank of Qatar's Chief Executive Michael Azmi-Loe has resigned, the bank said in a regulatory filing in London. Group chief executive Andrew Stevens had assumed Azmi-Loe's duties, Commercial Bank said in a statement dated

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