CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: PROF. KHALID MUBARAK AL-SHAFI

Business / Qatar Business

QNB raises QR10bn to boost capital position

Published: 13 Jun 2016 - 12:52 am | Last Updated: 01 Nov 2021 - 01:51 pm

DOHA: QNB announced yesterday that it has successfully raised QR10bn in Additional Tier 1 Perpetual Capital Notes by way of private placement, to strengthen the Group’s Capital Adequacy Ratios and to support future growth across the QNB Group in accordance with its strategy.
The Additional Tier 1 Perpetual Capital Notes were the inaugural issuance by QNB Group and the single largest issuance in the Middle East and Africa region. These notes were fully subscribed and reflects strong investor confidence in QNB’s successful execution of its strategic growth objectives.

The Peninsula

DOHA: QNB announced yesterday that it has successfully raised QR10bn in Additional Tier 1 Perpetual Capital Notes by way of private placement, to strengthen the Group’s Capital Adequacy Ratios and to support future growth across the QNB Group in accordance with its strategy.
The Additional Tier 1 Perpetual Capital Notes were the inaugural issuance by QNB Group and the single largest issuance in the Middle East and Africa region. These notes were fully subscribed and reflects strong investor confidence in QNB’s successful execution of its strategic growth objectives.

The Peninsula