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Tue 31 Aug 2010 03:22 PM

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Qatar's QFIB isn't discussing buying Ihlas - Deputy CEO

'I can confirm that we are not in any discussion to buy into this bank.'

Qatar's QFIB isn't discussing buying Ihlas - Deputy CEO
(Getty Images)

Qatar First Investment Bank isn’t discussing the purchase of Ihlas Finans, the financial arm of Turkey’s Ihlas Holding AS, Qatar First’s deputy chief executive officer said.

“I can confirm to you that we are not in any discussion to buy into this bank at the moment,” Emad Mansour said in an e- mail on Tuesday.

Qatar First planned to purchase Ihlas, Hurriyet reported earlier on Tuesday, citing Qatar First Chairman Abdullah Bin Fahad Bin Ghorab Al-Marri. (Bloomberg)

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