Fitch Ratings affirms al khaliji at A-
(Press Release - 12/12/2012)
Al Khalij Commercial Bank’s (al khaliji) credit rating was recently affirmed by Fitch. Fitch maintains the bank’s Long-term Issuer Default Rating (IDR) at ''''A-'''' with a Stable Outlook. This rating reflects al khaliji Group’s robust strategy and
Al Khaliji revealsa net profit of QR 378.5m for nine months period
(Press Release - 24/10/2012)
Al Khalij Commercial Bank (al khaliji) discloses the interim financial statements for the period ending September 30, 2012. The interim financial statements revealed a net profit of QR 378.5 Million for the nine months period ended September 30, 2012 in
Al khaliji posts gain of QR262mn in H1
(Gulf Times - 30/07/2012)
Al khaliji has reported a 5% gain in its first half net profit to QR261.9mn despite slippage in net interest earnings. Net interest income had fallen 11% to QR273.48mn, according to its financial statement filed with the Qatar Exchange. Although net fee
Al khaliji extends financing to Doha Festival City
(Gulf Times - 18/07/2012)
Al Khalij Commercial Bank (al khaliji) has extended financing to the Doha Festival City project, as part of a consortium of lenders providing the developers, BASREC, with a club deal of QR3.8bn. “We are proud to be involved in a landmark development that
Al Khaliji-supported forum puts SMEs in the spotlight
(AME Info - 29/05/2012)
The '2nd Middle East SME Forum 2012', with support provided by Al Khalij Commercial Bank (Al Khaliji) QSC in the form of Headline Sponsors, kicked off its activities at the Grand Hyatt Doha. Held under the auspices of the Qatari Ministry of Business and
Al Khaleej Takaful Q1 net profits slump compared to 2011
(CPI Financial - 26/04/2012)
Al Khaleej Takaful Group’s financial statements revealed a net profit of QAR 20.5 million in comparison to QAR 44 million for the corresponding period in 2011. The Earnings per Share (EPS) amounted to QAR 1.44 as of 31 March 2012, versus QAR 3.09 of the
Al khaliji posts QR122mn profit on ‘strong fee income’
(Gulf Times - 16/04/2012)
Led by “strong fee income”, Al Khalij Commercial Bank (al khaliji) posted a net profit of QR122mn in the first quarter of this year. The bank’s customer deposits totalled QR12.1bn, up 25% on the same period last year. The first quarter results were
Al Khaliji to participate in Career Fair 2012
(AME Info - 29/03/2012)
Al Khalij Commercial Bank (Al Khaliji) QSC has announced that it will be participating in this year's Career Fair. In its commitment to the government's Qatarization policy, the bank will focus on its explicit goal of recruiting talented Qataris to join
Al Khaliji launches three new structured deposits
(AME Info - 22/03/2012)
Al Khalij Commercial Bank (Al Khaliji) Q.S.C has announced the launch of three new structured deposits linked to different underlying Investments. The 'Al Khaliji Global Government Bond Structured Deposit', 'Al Khaliji VC Commodity Autopilot Index
Al khaliji focusing on modern, alternate service channels
(Gulf Times - 08/03/2012)
Al khaliji has the spotlight on developing alternate modern channels for customers, said bank’s Group CEO Robin McCall. “These days more than 70% of customer transaction is done through electronic channels. So we will concentrate on developing alternate
Al khaliji sets the stage for QR2.7bn bond
(Gulf Times - 08/03/2012)
Al Khaliji Commercial Bank (al khaliji) is preparing the framework for issuing non-convertible bonds up to QR2.73bn ($750mn) that will help the bank participate in Qatar’s infrastructure build-up. The bank obtained shareholder approval for the bond
Al Khaliji lends support to the 14th Arab Business Forum in Qatar
(AME Info - 22/02/2012)
Al Khalij Commercial Bank (Al Khaliji) QSC, in its continuous backing of industry-relevant conferences and events, provided support as the Official Sponsor of the 14th Arab Business Forum held in Qatar on 20-21 February 2012. Held under the auspices of
Al Khaliji awarded strong A- credit rating by Fitch
(AME Info - 16/02/2012)
Al Khaliji is pleased to announce that Fitch Ratings have published their initial ratings on Al Khalij Commercial Bank (Al Khaliji) Q.S.C and have assigned a Long Term Issuer Default Rating of A-. Fitch defines those entities with an "A" range rating as
Fitch assigns al khaliji ‘strong credit rating’ with a stable outlook
(Gulf Times - 15/02/2012)
Fitch Ratings has assigned ‘A-’ rating on Qatar’s al khaliji a long-term foreign currency issuer default rating (IDR) with a stable outlook. It has also assigned short-term IDR of ‘F2’, viability rating (VR) of ‘bb+’, support rating of ‘1’ and support
Al khaliji 2011 net profit jumps 14% to QR487mn
(Gulf Times - 08/02/2012)
Al khaliji, the country’s new generation bank, has reported a 14% rise in its net profit to QR487mn in 2011. The bank has suggested 10% cash dividend, which will have to be approved by shareholders at the annual general assembly. Net interest income grew
Al Khaliji finances Barzan Gas Project
(AME Info - 04/01/2012)
Al Khalij Commercial Bank (Al khaliji) Q.S.C participated in the successful financing of Barzan Gas Project, which was inaugurated recently by the Heir Apparent H. H. Sheikh Tamim bin Hamad Al Thani. The Barzan project received the largest direct bank
Al khaliji closes Islamic window
(Gulf Times - 04/01/2012)
Al Khalij Commercial Bank (al khaliji) has closed down its Islamic branch to comply with the Qatar Central Bank instructions. In the first quarter of 2011, the QCB had asked conventional banks to close down their Islamic windows. Al khaliji chairman
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