Saturday 29 August 2015
 
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Commercial Bank of Qatar

Commercial Bank of Qatar Q4 profit up 29pc

Commercial Bank of Qatar (CBQ), the country's second-largest lender by assets, posted a 29 per cent increase in fourth-quarter net profit on Monday, falling short of analyst forecasts. The bank earned a net profit of QR387 mil

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Qatari banks may need to raise capital

Commercial Bank of Qatar (CBQ) and Doha Bank may need to increase their capital next year by $412 million each to abide by expected central bank regulations, US investment bank Morgan Stanley said in a report. While Qatari banks h

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CBQ net profit rises 8.5pc in Q1

Commercial Bank of Qatar (CBQ) posted an 8.5 per cent increase in first-quarter profit on higher lending growth. The bank earned a net profit of 548 million riyals ($150.5 million) for the first three months of 2014, compared with

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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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Commercial Bank of Qatar Q1 net profit up 7pc

Commercial Bank of Qatar (CBQ), which is buying a majority stake in Turkey's Alternatifbank, posted a 7 per cent increase in first-quarter net profit on Wednesday, beating analysts' expectations. Net profit in the three mo

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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 eyes Turkish bank deal by March

Commercial Bank of Qatar (CBQ), the country's third-largest bank by market value, said it expects to complete the purchase of a 75 per cent stake in Turkey's Alternatifbank by the end of March. The Qatari lender began talk

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Commercial Bank of Qatar posts $151m earnings

Commercial Bank of Qatar (CBQ) surpassed analysts' expectations for the third-quarter despite reporting a slight dip in net profit as gains from financial investments offset a drop in fee and commission income. The state's

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Qatar's CBQ plans $500m bond

Commercial Bank of Qatar is eyeing a $500 million five-year bond, arranging banks said, with pricing expected as early as Tuesday.      Initial guidance for the bond was in the area of 250 basis points over midswa

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