Monday 2 December 2024
 
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Qatar National Bank

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 Q2 net profit rises 13.4pc

Qatar National Bank (QNB), the Gulf's largest lender, reported on Tuesday a 13.4 per cent increase in second-quarter net profit, according to Reuters calculations, broadly in line with analysts' forecasts. The bank reporte

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Qatar National Bank buys Turkish lender

Qatar National Bank (QNB) has completed the acquisition of Turkey's Finansbank, said the Gulf's largest lender in a statement on Wednesday. The transaction is the latest for the Qatari lender, which is now the largest bank

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Meydan gets $476m financing from Qatar bank

Dubai's Meydan Group has signed a deal to obtain $476 million of financing from Qatar National Bank (QNB) and QNB's United Arab Emirates affiliate Commercial Bank International, Meydan said on Monday. Meydan, a major devel

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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 eyes capital-boosting bonds after Q4 profit rise

Qatar National Bank (QNB) said on Wednesday it would ask shareholders to approve the issuance of capital-boosting bonds to maintain its reserves above regulatory minimums and support future growth. It made the announcement as it m

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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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Qatar National Bank Q3 net profit up 6.1pc

Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 6.1 per cent increase in third-quarter net profit on Wednesday, beating analysts' forecasts. The bank reported a net profit of QR3.11 billion ($

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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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