Latest in Tag: Qatar National Bank Highlight

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Latest in Tag: Qatar National Bank

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 …

Daily News Egypt

Egypt: Banks attracting Gulf investors

  By Robert Tashima Despite an uncertain political climate and a sluggish economic recovery, the long-term prospects of Egyptian banks are attracting attention from their Gulf counterparts. Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade. While the transactions also represent the …

Daily News Egypt

Qatar National Bank in talks to acquire majority stake in NSGB

By Sarah Daoud Société Générale is in talks with Qatar National Bank (QNB) to sell its majority stake in its Egyptian subsidiary, according to Mohamed El Deeb, chairman and managing director of National Société Générale Bank-Egypt (NSGB-Egypt). QNB has expressed interest and approached the group about potential acquisition of its 77.2 percent majority stake in …

Daily News Egypt

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