Qatari bank QNB says shareholders approve capital bonds

January 31, 2016 7:06 PM

11 0

DOHA Jan 31 Qatar National Bank (QNB), the largest lender in the Gulf Arab region, said on Sunday its shareholders had approved the issuance of capital-boosting bonds.

QNB's shareholders granted the bank permission to issue bonds, which could either enhance its core Tier 1 capital or its supplementary Tier 2 capital, at a meeting on Sunday.

Also read: Bank Hapoalim gets okay to raise dividend to 30 pct of net profit

Read more

To category page