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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk) more

Qatar National Bank rules out bond sale

Posted on 12 July 2010

From Ameinfo.com: Ali Al Emadi, chief executive of Qatar National Bank (QNB) has said the lender is not planning a bond sale this year as it balance sheet remains “extremely liquid,” Reuters has reported.
The bank also plans to increase its ownership stake in its Syrian unit, QNB Syria, to 55% from the current 49%, he said. QNB will raise the Syrian unit’s share capital by $200m to $300m as part of the increase in ownership…………………………………..Full Article: Source

 
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