The Qatar National Bank – QNB (Qatar Public Contribution Company) has announced its success in completing the facilities of an unpaid complex of $ 2 billion, focusing on Asian investors.
“This facilitation has attracted great interest from major Asian banks, which enabled us to diversify the base of our investors more. The subscription in the issue has exceeded the required limit at comprehensive competitive prices, which confirms our reputation as a high -quality issuance agency despite the difficult global market conditions,” said Mr. Abdullah Mubarak Al Khalifa, CEO of Qatar National Bank – QNB Group. He added: “We consider this deal as evidence of the success of our strategy to enhance our presence as a leading bank in the Middle East, Africa and Southeast Asia, while building fruitful and long -term relationships.” The group explained that this facilitation, which is valued at $ 2 billion, is a five -year maturity, is the largest facilitation of an Asian complex loan from a bank from the Gulf Cooperation Council countries, and has achieved the lowest price.
She added that this deal has attracted a largely new investor base, which confirms the strong position of “Qatar National Bank – QNB”, and represents part of the group’s strategy to expand its global relations.