Sunday 30 August 2015
 
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Qatar National Bank

QNB H1 net profit soars 10.2pc to $1.5bn

QNB Group, the largest lender in the Arab world, has posted a net profit of QR5.6 billion ($1.5 billion) for the six months of 2015, up by 10.2 per cent compared to last year. The Group’s prudent cost control policy and stro

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New Qatar initiative to boost financial services

Qatar Finance and Business Academy (QFBA) has launched a new initiative designed as a training and competency framework to elevate and advance the country’s financial services sector. The Kafa’a initiative will serve a

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QNB net profit up 10pc to $741m in Q1

Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 10.1 per cent increase in first-quarter net profit on Wednesday, beating analysts' expectations. The bank reported a net profit of QR2.7 billion

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QNB secures $3bn three-year loan

Qatar National Bank (QNB) Group said it has signed a $3 billion three-year loan deal with a group of 20 international lenders to help fund general operations of the bank.     Barclays Bank and HSBC (the co-ordinators), to

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QNB mandates banks to arrange $3bn loan

Qatar National Bank (QNB), the Gulf's largest bank by market value, has mandated lenders to arrange a $3 billion three-year loan facility for general business purposes, it said on Monday. Barclays Bank and HSBC will act as coo

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QNB Q4 profit up on faster lending growth

Qatar National Bank (QNB), the largest lender in the Gulf, posted a 3.3 per cent rise in fourth-quarter net profit on Tuesday as faster lending growth and net fee and commission income bolstered its performance. The pick-up in loa

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QNB eyes big boost in Q4 earnings

Qatar National Bank (QNB), the largest lender in the Gulf, is expected to post another quarter of healthy profits on Tuesday, with high public spending at home and rising revenue from its international operations helping underpin growth.

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QNB’s nine-month net profit hits $2.2bn

Qatar National Bank (QNB), the largest lender in the Gulf region, has announced net profit of QR8.0 billion ($2.2 billion) for the nine months of 2014, up by 12.6 per cent compared to last year. QNB also maintained an efficiency r

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Ecobank to focus on existing businesses

Pan-African lender Ecobank plans to wind down its strategy of rapid expansion across Africa and focus on existing businesses, especially in Nigeria, Ghana, Angola and Kenya, its chief executive said on Sunday. CEO Albert Essien sa

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QNB acquires a 12.5pc stake in Ecobank

Qatar National Bank (QNB) has announced the acquisition of a 12.5 per cent stake including both ordinary and convertible preference shares in Ecobank Transnational Incorporated, a leading pan-African bank. Ecobank Transnational In

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