Commercial Bank of Qatar will buy out the remaining publicly owned shares in Turkey's Alternatifbank and then delist the lender from the Istanbul bourse, it said on Wednesday.
The second-largest lender in Qatar bought a 74.25
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.
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
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
Commercial Bank of Qatar (CBQ) will acquire a 70.84 per cent shareholding in Turkey's Alternatifbank A S (ABank) from Anadolu Endustri Holding A S, it was revealed today.
CBQ said the shares will be bought for two ti
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