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Qatar National Bank, the Gulf's biggest lender, sold $1 billion in five-year bonds at 95 basis points (bps) over mid-swaps after attracting more than $2.5 billion in orders for the debt sale, a document showed on Tuesday. ....
By Reuters Staff 2 Min Read FILE PHOTO: A general view of Qatar National Bank s head office building in Doha October 28, 2012. REUTERS/Fadi Al-Assaad DUBAI (Reuters) - Qatar National Bank (QNB), Gulf’s biggest bank by assets, expects its business in Saudi Arabia will pick up only gradually after reviving its Riyadh branch that was dormant for more than three years due to a diplomatic and economic rift. A QNB executive made the comments to analysts on Monday after Riyadh announced a deal on Jan. 5 to end the dispute with Doha that forced Qatari firms to halt business in the kingdom and its airline to reroute flights around Saudi airspace. ....
Qatar National Bank, the Gulf's biggest bank by assets, on Tuesday reported a drop in annual profit of more than 16%, hit by $1.6 billion in impairments during a year when the region's economy was affected by the coronavirus outbreak. ....
Qatar National Bank, the Gulf's biggest bank by assets, on Tuesday reported a drop in annual profit of more than 16%, hit by $1.6 billion in impairments during a year when the region's economy was affected by the coronavirus outbreak. ....
Qatari companies including banks are forecast to get a boost from a deal to end a more than three-year row between Doha and some Gulf states, which was announced by Crown Prince Mohammed bin Salman on Tuesday. ....