Monday 3 August 2015
 
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QNB

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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QNB, Bahrain's ABC look at acquiring Turkey's Finansbank

Qatar National Bank and Bahrain's Arab Bank Corp did not follow up early interest in acquiring HSBC's Turkish business because they are more interested in National Bank of Greece's Turkish arm Finansbank, two people familiar with the

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Qatar, Bahrain banks among bidders for HSBC Turkey

Potential bidders for HSBC's Turkish business include ING Group, Qatar National Bank (QNB) and Bahrain-based Arab Banking Corp (ABC), people familiar with process said on Friday. Four sources said Dutch bank ING and Qatar Nati

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Qatari banks plan Islamic finance venture in China

Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding on Tuesday to establish a company handling Islamic finance deals in China. At present there is very little Islamic finance activity i

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QNB net profit up 10pc to $741m in Q1

Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 10.1 per cent increase in first-quarter net profit on Wednesday, beating analysts' expectations. The bank reported a net profit of QR2.7 billion

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Qatar National Bank closes syndication of $3bn loan

Qatar National Bank (QNB) has closed syndication of a $3 billion, three-year unsecured term loan and will sign the deal on March 16, banking sources said. Barclays Bank and HSBC are acting as coordinators on the deal, with Bank of

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Are oil prices poised for a rebound?

The crude oil price fell 57 per cent since June to a low of $45 per barrel in early January. However, since then the oil price has rebounded by 31 per cent to a peak of $59 per barrel, raising questions over a further rebound, a report said.

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QNB mandates banks to arrange $3bn loan

Qatar National Bank (QNB), the Gulf's largest bank by market value, has mandated lenders to arrange a $3 billion three-year loan facility for general business purposes, it said on Monday. Barclays Bank and HSBC will act as coo

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QNB wins investor relations in Qatar award

Qatar National Bank (QNB) won the ‘Best Company for Investor Relations in Qatar' award at the Middle East Investor Relations Society 2014 Annual Conference held at the DIFC Conference Centre in Dubai, according to a report.

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QNB, Savills sign real estate agreement

Qatar National Bank (QNB) has signed a new partnership agreement with Savills, a global real estate services provider, to source and identify residential and commercial properties internationally for its affluent local and regional members.

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