Qatar National Bank Mandates Banks To Arrange $3bn Loan
Now Reading
Qatar National Bank Mandates Banks To Arrange $3bn Loan

Qatar National Bank Mandates Banks To Arrange $3bn Loan

Barclays Bank and HSBC will act as coordinators for the loan.

Gulf Business

Qatar National Bank (QNB), the Gulf’s largest bank by market value, has mandated lenders to arrange a $3 billion three-year loan facility for general business purposes, it said on Monday.

Barclays Bank and HSBC will act as coordinators for the loan, with Bank of Tokyo-Mitsubishi UFJ, Deutsche Bank, Mizuho Bank, Standard Chartered Bank and Sumitomo Mitsui Banking Corp acting as lead arrangers and bookrunners, QNB said in a statement.


© 2021 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top