Latest in Tag: QNB Highlight
Latest in Tag: QNB
Top 10 Egyptian market banks report EGP 14.661bn in net profits in September
QNB Alahli accounts for 38% of total profits achieved by top 10 banks, recording EGP 5.572bn
NBE, QNB syndicated loan of EGP 1.8bn to Concrete Plus Engineering, Construction
20% of the total cost of implementing a housing compound project in the beach area of New Alamein City
Dice agrees with CIB, QNB, Attijariwafa, EALB to borrow EGP 90m
The purpose of the borrowing is to finance the acquisition deal over Cairo Cotton in a deal worth EGP 140m. Dice will self-fund the remaining EGP 50m.
Net consolidated profits of QNB end of June 2019 reach EGP 4.217bn
Bank accounts for 7.82% of loans, 5.17% of deposits in Egyptian banks by end-March 2019
13 banks in Egypt score EGP 8.48bn in net profits in 1Q19
CIB ranks 1st with profits of EGP 2.64bn, QNB AlAhli follows, Faisal Islamic Bank in 3rd
ACC announces EGP 90m new project with QNB, EBRD, Solariz Egypt
Project to be established, operational in Q2 of 2019, says ACC’s CEO
Most banks in Egypt performed well in H1 2018
Financial statements of 10 banks reflect significant growth in profits by end of June 2018 YOY
Deposits in QNB are Safe: Amer
Cutting diplomatic relations with Qatar has no effect on bankâs activities in Egypt: QNBÂ
CIB named best bank in Egypt this year, Ahli United Bank most efficient, NBE dominates customer satisfaction: Business News
EG Bank doubles its financial position, remains fastest growing bank for the second year in a row
Electricity companies negotiate with banks to borrow $400m
List of banks includes Banque Misr, NBE, AAIB, CIB, and QNB
QNB named most valuable banking brand in Middle East and Africa
“QNB Group has maintained its ranking of the most valuable banking brand in the Middle East and Africa region,” according to the annual survey carried out by Brand Finance and published by The Banker magazine, an affiliate to the internationally acclaimed Financial Times newspaper. The award also placed the QNB brand among the Brand Finance …
QNB-Alahli retail banking portfolio records EGP 13.09bn at end of 2015
The bank offers more than 40 different retail banking products, with more to come
QNB-Alahli acquires 7.95% of total loans, 5.62% of deposits for banks operating in Egypt
The bankâs loans-to-deposits ratio increased to 58%, compared to the 41% average in the banking system
Loans-to-deposits ratio at 40%
QNB Alahli participates in Abu Rawash power station with a 25% quota
QNB Al-Ahli net profits up 30% in March
The QNB group is a leading bank in the Middle East and North Africa region, with acquisitions of almost 45% of the total domestic assets of the banking sector in Qatar.
QNB net 2014 profits inched up to $2.9bn
QNB Group continued growth in 2014 with increase in net profits, shareholders and assets
QNB aims to be largest lender In Mideast, Africa by 2017
Reuters – Qatar National Bank (QNB) is aiming to become the largest lender in the Middle East and Africa by 2017, its finance head said on Thursday, as the bank continues to look beyond its home market for growth opportunities. Currently the biggest bank in the Gulf region, it is looking for acquisition targets in Turkey, Morocco and sub-Saharan Africa, Chief Financial …
QNB financial services expands coverage to Saudi, Egypt, UAE
QNB Financial Services accounted for 25% of transactions in the Qatari market, the biggest share.
High interest rates attract international and Gulf banks
âThe fact that thereâs a general trend of expansion happening is a positive step for the banking sector in Egypt,â said Hesham Shawqi, head of the investment sector at Arab Investment Bank in Cairo.
Banque Misr, National Bank of Egypt subscribe to $200m in international government bonds
$2.7bn bond package released several days ago on Irish stock market
NBE, Banque Misr dump foreign assets
Arab investors nevertheless label Egyptian banking sector âpromisingâ
Government cancels EGX dividends and gains taxes
Government official: No further NSGB-QNB deal taxes, any already collected to be refunded
10% tax on NSGB sale profits
âBased on difference in buy and sell pricesâ, not all investors involved in the deal will pay the tax
Purchase offer period ends as QNB acquires 100% of NSGB
Qatar National Bank bought each share at EGP 35.65, with the total value of the sale reaching EGP 16.142bn
NSGB workers threaten strike over âQatar problemâ
Employees have expressed disapproval over Qatar National Bankâs acquisition of 100% of NSGB, and are to stage a protest on Monday to denounce the agreement
Qatar National Bank buys 100% of NSGB
EFSA has approved QNBâs offer of EGP 38.65 per share for 100% of NSGBâs shares
Standard & Poor’s: Gulf banks replace European banks in MENA
European banks are shedding assets outside of the MENA region to rebuild their balance sheets affected by the financial and sovereign crises
QNB in final stages of NSGB acquisition
Qatar National Bank (QNB) Group announced that it is in âdefinitive agreementâ with the French bank Societe Generale concerning the acquisition of its entire stake in National Societe Generale Bank Egypt (NSGB). Societe Generale owns 77.17 per cent of NSGB. QNB Group will launch a mandatory tender offer (MTO) for 100 per cent of the …