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

QNB-Syria to launch IPO on July 12

Posted on 02 July 2009

From Thepeninsulaqatar.com: Qatar National Bank (QNB) - Syria, a private Syrian-Qatari bank, announced yesterday the launch of 34 percent of its total equity in an Initial Public Offering (IPO) which opens to subscribers on July 12, 2009, with the subscription closing on August 10, 2009.

The bank’s total paid up capital stands at SYP5bn (QR 365bn) which is divided into 10 million registered shares, with QNB retaining 49 percent, the Syrian government organisations holding 15 percent and private investors holding 2 percent………Full Article: Source

 
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