Qatari bank QNB says shareholders approve capital bonds

January 31, 2016 7:06 PM

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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.

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