Monday 26 September 2016
 
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QNB

QNB to open Cuba office in expansion drive

The Gulf's largest listed lender, Qatar National Bank (QNB), said on Sunday it would open a representative office in Cuba, becoming the first bank from the rich energy-exporting countries of the Gulf to do so. Government-contr

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QNB to price benchmark bond on Wednesday

Qatar National Bank (QNB) is set to price a five-year bond of benchmark size on Wednesday after announcing initial price thoughts in the area of 135 basis points over midswaps, a document from lead managers showed. Gulf banks have

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Qatar National Bank to open branch in India

Qatar National Bank (QNB) has been given approval to open a branch in India offering banking services, the Gulf region's largest lender said on Sunday. The bank, which in June completed the 2.7 billion euro purchase of Turkey&

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Customer accounts safe says Qatar National Bank

Qatar National Bank, the Middle East's largest lender by assets, said it had taken immediate steps to ensure customers would not suffer any financial loss after a security breach last week exposed personal data of thousands of clients.

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QNB posts Q1 profit at $787m, up 7.1pc

QNB Group, a leading bank in the Middle East and Africa, has posted a net profit of QR2.9 billion ($787 million) for the first three months of 2016, marking a 7.1 per cent increase compared to last year. The Group maintained an ef

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QNB shareholders approve capital bonds

Qatar National Bank (QNB), the largest lender in the Gulf Arab region, said on Sunday its shareholders had approved the issuance of capital-boosting bonds. QNB's shareholders granted the bank permission to issue bonds, which c

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QNB acquires Greece bank's stake in Finansbank

Qatar National Bank, the Gulf country's largest bank, reached an agreement with National Bank of Greece to acquire the latter's entire 99.81 percent stake in Turkey's Finansbank AS for 2.7 billion euros ($2.95 billion), the two banks

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Oil seen above $60 in 2017 on dropping glut

Oil prices will stabilise around an average of $55 in both 2015-16 before rising to $60.2 per barrel in 2017 with a decreasing oversupply in the market, a report said, The adjustment in the market is working as expected, but the p

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QNB holds talks to buy Turkey's Finansbank

Qatar National Bank (QNB), the Gulf Arab region's largest lender, is holding preliminary talks to buy National Bank of Greece's Turkish arm Finansbank, QNB said in a statement on Monday. No "material developments"

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Top Qatari lender in talks to buy KFH's Malaysia unit

Qatar National Bank (QNB), the largest bank in the Gulf region, is in preliminary talks to buy Kuwait Finance House's (KFH) Malaysia unit, the Qatari lender said on Thursday. No agreements had been reached over a potential dea

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