Qatar's Al Khaliji Commercial Bank has picked four banks to arrange meetings with fixed income investors ahead of a potential debut bond issue, a document from lead managers said on Tuesday.
The lender, Qatar's sixth-large
Al Khaliji Commercial Bank has launched three new structured deposits linked to different underlying investments.
The ‘Al Khaliji Global Government Bond Structured Deposit’, ‘Al Khaliji VC Commodity Autopilot Index Structured Deposit’, an
Qatar's Al Khaliji Commercial Bank (Al Khaliji) will seek approval for the issuance of non-convertible bonds up to a value of $750 million at an upcoming annual general assembly meeting.
The bonds could be issued in US dollars or an eq
A proposed merger between Qatar's Al Khaliji Commercial Bank and the International Bank of Qatar (IBQ) will not proceed after both parties failed to agree on terms for the deal, Al Khaliji said in a statement.
"The parties have together d
Al Khaliji Commercial Bank (al khaliji) recorded a 105 per cent increase in first quarter net profit to QR 119 million ($32.7 million), compared to QR 58 million for the same period last year.
Net interest income reached QR 148 million, 89
Qatar-based Al khaliji Commercial Bank has appointed Khalid Mahdi Al Ahbabi as the head of its Islamic Banking unit, “Al khaliji al islami.”
Khalid brings in an extensive banking experience and has participated in setting up Islamic Bankin
Al Khaliji Commercial Bank became the latest Qatari bank to announce plans to raise its capital by 20 per cent by selling a stake to the sovereign fund Qatar Investment Authority (QIA).
In October, the QIA launched a $5.3 billion plan to b