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Islamic Finance Briefing - Categorized | Banking, Capital Market (Equity, Mutual Funds) more

IBQ plans to raise $275mln in share sale

Posted on 10 February 2012

International Bank of Qatar will seek to raise its capital by QR1bn ($275mn) through a share sale by the third quarter to meet growth plans, managing director George Nasra said.
The lender is “most likely” to sell bonds in the third quarter, with an offer size ranging from $500mn to $750mn, Nasra said yesterday at the Meed Qatar Projects 2012 conference in Doha………………………………………..Full Article: Source

 
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