Qatar National Bank - Qatar

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Recent Articles

• Qatar Nat'l Bank Q3 dips as fees down, provisions up8 October 2009

  Net profit in 3 months to Sept 30 falls to $291.1m, represents 7.5% drop.

• Fresh appetite for Gulf IPOs seen after Ramadan1 September 2009

  Investors seen more willing to support region's companies after market drought.

• QNB Syria's $37m IPO almost twice oversubscribed15 August 2009

  Unit will offer retail, corporate and private banking services from fourth quarter.

• Jordan's Housing Bank profits lower, ups provisions11 August 2009

  UPDATE 2: H1 net profit more than halved on lower margins, weaker investment returns.

• QNB slashes annual credit card fees5 August 2009

  Platinum, Gold and Silver credit card holders to benefit. Fees also reduced for replacement cards.

• Emaar Syrian JV pushes on with $1.1bn project29 July 2009

  IGO says merger of partner Emaar with fellow UAE firms will not derail Syrian project.

• Qatar's largest lender carries out financial stress tests27 July 2009

  QNB stress tests assets every two months in bid to protect portfolio.

• Qatar National sees limited exposure to Algosaibi - paper26 July 2009

  Qatari newspaper cites comments from bank's exec GM, Ali Ahmed al-Kuwari.

• QNB waives minimum balance requirement on banking accounts20 July 2009

  Bank also confirms it is reducing tariffs on a number of banking products and services.

• Qatar National Bank launches IPO1 July 2009

  Qatar's largest bank announces launch of 34% of its total equity, open to subscribers.

• Qatar seals purchase of bank property investments19 June 2009

  Qatar buys investments after earmarking $4.12 bn to buy their portfolios.

• Qatar's Amwal plans bond, money funds2 June 2009

  Asset management company looking to tap growing appetite for relatively safe investments.

• Qatar's economy to see 9.6% growth in 2009 - report1 June 2009

  New research by QNB Capital predicts strong year for Gulf state amid global meltdown.

• QNB launches Qmiles 50% discount deal29 April 2009

  Promotion for Qatar Airways loyalty programme aimed at QNB MasterCard customers.

• QNB announces loan postponement deal25 April 2009

  Qatar National Bank offer allows account holders chance to defer personal and vehicle loan repayments.

• Doha Bank profits surge 20% in Q115 April 2009

  But earnings growth set to slow with full year profits forecast to come in 10% higher than previous year.

• Shuaa sees QNB as long-term investment9 April 2009

  Investment bank says Qatar National Bank remains one of its preferred top-down plays in Qatar.

• Qatar National Bank sees 10% rise in profits Q1 2009 8 April 2009

  Country's largest lender made $275m net profit in Q1 2009, 10% more than Q1 2008.

• Qatar National Bank plans Syria affiliate IPO24 March 2009

  Gulf state's largest bank by market value to offer 32.5% in initial public offering in May.

• New IPO date for Qatari unit of Vodafone10 March 2009

  IPO set to break monopoly of state-controlled Qatar Telecommunications.

• Qatar gov't to buy investment shares from banks9 March 2009

  LNG exporter studying system to take shares from banks, in a bid to increase lending.

• Qtel secures $1.5bn credit facility3 March 2009

  UPDATE 1: Facility agreed giving Qatar Telecom additional scope to become top 20 global player by 2020.

• Gulf banks face Q4 results woe15 January 2009

  Weaker profits expected as bank fortunes in the region shift sharply amid global economic turmoil.

• Gulf markets end lower amid global gloom15 January 2009

  UPDATE 5: UAE, Qatar, Kuwait and Oman fall as investor sentiment is impacted.

• Qatar National Bank Q4 profits fall14 January 2009

  Country's biggest lender by market value post $179.5mn profit - down 0.8% from same period in 2007.