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09/01/2018 17:19 AST
Doha Bank, Qatar’s fifth-biggest lender, has extended by one year a two-year, $575 million loan that it had raised in December 2015, but has reduced the size of the facility to $400 million, a bank official said on Tuesday.
“It was Doha Bank’s conscious decision to have the extension at a reduced level of $400 million of the loan amount in order to streamline and optimise our funding mix and to keep the cost (at a) minimum,” Kaisar Yusuf Khot, manager of the chief executive’s office, said in an emailed response to Reuters questions.
Reuters
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
15/03/2018
Doha Bank has unveiled the latest release of the new co-branded mobile application ‘Doha Bank My Book Qatar’ on Apple App Store and Google Play Store.
The feature-packed mobile app brings
The Peninsula
08/03/2018
Doha Bank shareholders yesterday approved the board’s proposal to issue bonds up to $2bn under Euro Medium Term Note (EMTN) programme as part of efforts to source cost effective long-term funds.
Gulf Times
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News