Friday 29 May 2015
 
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QNB

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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QNB’s nine-month net profit hits $2.2bn

Qatar National Bank (QNB), the largest lender in the Gulf region, has announced net profit of QR8.0 billion ($2.2 billion) for the nine months of 2014, up by 12.6 per cent compared to last year. QNB also maintained an efficiency r

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QNB lifts Ecobank stake in $283m deal

Qatar National Bank (QNB) has acquired a further 11 per cent stake in Ecobank Transnational Incorporated in a deal worth $283 million, making it the pan-African lender's largest shareholder. QNB acquired 2.048 billion ordinary

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