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

Good response to QNB-Syria IPO

Posted on 10 August 2009

From Tradearabia.com: The initial public offering (IPO) of QNB-Syria, a joint venture bank launched by Qatar National Bank (QNB) in Syria, has drawn good response from Syrian investors, a report said.

The bank, which has a capital of Syrian Lira 5 billion ($108 million), is offering 3.4 million shares representing 34 percent of its share capital through the IPO. The offer is priced at Lira 500, said the Peninsula report……….Full Article: Source

 
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