Qatar National Bank, the largest lender in the Gulf region, has said its first-quarter net profit rose 13.7 per cent.
The bank reported a net profit of QR2.4 billion ($659.1 million) for the first three months
Qatar National Bank (QNB) is aiming to become the largest lender in the Middle East and Africa by 2017, its finance head said, as the bank continues to look beyond its home market for growth opportunities.
Currently the biggest ba
Qatar National Bank (QNB), the largest lender in the Gulf Arab region, posted a 13.7 percent increase in fourth- quarter net profit, slightly trailing analysts' expectations.
The bank, which completed the purchase of a majorit
Commercial Bank of Qatar (CBQK) and Doha Bank (DHBK) announced that they will be raising QR2 billion ($548.7 million) each in Tier 1 bonds to improve their capital adequacy ratios (CARs), a report said.
The bonds will also provide
Qatar National Bank (QNB) said it has been named the best capitalised institution in the Middle East by Gulf Business Magazine’s Annual Survey 2013.
The bank was also named the second largest capitalised “Corporate&rdq
A major conference to outline directions for Qatar’s economy, with focus on strategy and regulatory changes, will take place in Doha in December.
The Euromoney Qatar 2013 Conference, will bring together leading players and t
Qatar National Bank (QNB), the largest listed lender in the Gulf, said it raised $1.5 billion from a two-part bond sale, underscoring investor demand for debt offerings from top-tier names in the region.
QNB, part-owned by the Gul
Qatar National Bank (QNB), the largest listed lender in the Gulf region, posted an 14.3 percent jump in third-quarter net profit on Tuesday, according to Reuters calculations, missing analysts' forecasts.
Acquisitive Gulf Arab lender Qatar National Bank (QNB) posted 24-per cent higher second-quarter net profit on Wednesday that beat analysts' estimates by 7 percent and said it was opening an office in China.
Qatar National Bank has appointed the country's finance minister, Ali Shareef al-Emadi, as chairman of its board of directors, the country’s largest lender said in a statement on Sunday.
Emadi was previously QNB's ch