Wednesday 22 May 2013
 
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Qatar National Bank

QNB plans to sell $500m of 7-year bond

Qatar National Bank, the Gulf state's largest lender, plans to issue a seven-year bond of at least $500 million in a swift one-day deal to take advantage of favourable conditions in the debt market. The lender set final price

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QNB net profit up 6.7pc in Q1 on loan growth

Qatar National Bank (QNB), a leading Gulf Arab lender, posted a 6.7 per cent jump in first-quarter net profit on Sunday, in line with analysts' estimates, on the back of strong loan growth in the Gulf state. QNB, which complet

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QNB takes over SocGen's Egyptian unit

Qatar National Bank (QNB) Group said it has completed the acquisition of a controlling stake of 97.12 per cent in National Société Générale Bank - Egypt (NSGB), a unit of top French lender Societe Generale.

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QNB takes control of Tunisian bank

Qatar National Bank has acquired an additional 49.96 per cent stake of Tunisian Qatari Bank, bringing its ownership stake to 99.96 per cent, pending regulatory approval, the lender said on Wednesday. QNB is buying the stake from t

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QNB prints $322m Swiss franc bond

Qatar National Bank, the state's largest lender, has printed a 300 million Swiss franc ($322.44 million) bond, a document from sole bookrunner UBS said on Thursday. The two-year floating rate note was issued the previous day a

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QNB eyes Turkish buys after SocGen deal

Qatar National Bank, which is buying Societe Generale's Egypt arm for $2 billion, is looking at taking a majority stake in one of Turkey's top ten lenders, its chief financial officer said on Thursday. QNB, which bid to bu

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Qatar gives SocGen an honourable exit from Egypt

(The author is a Reuters Breakingviews columnist. The opinions expressed are her own.) Qatar has given Societe Generale an honourable exit from Egypt. State-backed Qatar National Bank will buy the French bank's 77 percent stak

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Qatar National Bank launches $1bn bond

Qatar National Bank (QNB) launched a $1 billion bond, due to mature in February 2018, on Wednesday, at a tighter spread than earlier indicated, arranging banks said. The Gulf state's biggest bank by market value launched the b

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QNB to price dollar bond; sets guidance

Qatar National Bank (QNB), the country’s largest lender, is expected to sell at least $500 million in a new bond issue on Wednesday, a document from lead managers said, its second debt markets foray this year. Price guidance

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Goldman, Morgan lose top Qatar bankers to local firms

Morgan Stanley and Goldman Sachs Group have lost their two top Qatar executives to local firms, three sources said on Monday, as the gas-rich Gulf state lures back high-profile citizens with better pay and prospects. The recruitme

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