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QIB signs QR800mln Islamic financing deal with NBK Holding

Posted on 04 February 2013

Qatar Islamic Bank (QIB) has signed a QR800mn financing deal with NBK Holding. The signing ceremony was held at NBK Holding’s headquarters and was attended by Sheikh Nawaf Nasser bin Khaled al-Thani, chairman and CEO of NBK Holding, and Ahmad Meshari, acting chief executive officer of QIB .
HE Sheikh Nawaf said: “The financing agreement with QIB will enable NBK to move forward with its ambitious expansion plans. NBK Holding’s subsidiaries have significantly contributed to the Qatari private sector and the company’s strategy is to continue its pioneering role in the economic growth of Qatar…………………………………..Full Article: Source

 
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