Qatar Stock Exchange (QSE) announces that trading of QFB’s stock will be suspended on Monday 23/12/2019 for a period of one day in order to implement the capital reduction process aimed to extinguish losses encountered by the bank. However, trading of QFB’s stock will be resumed on Tuesday 24/12/2019. It is worth noting that the… Continue reading Trading of Qatar First Bank (QFB) stock will be suspended on Monday 23/12/2019 to complete capital reduction process
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QFB announces implementing reduction of Paid-Up Capital
QFB announces that it has completed obtaining all the necessary approvals to implement the process of reducing the share capital. These documents include obtaining approval on the amended articles of association by the Qatar Financial Center and an extract of the new commercial register reflecting the new paid-up capital. Accordingly, and upon coordination with the… Continue reading QFB announces implementing reduction of Paid-Up Capital
QFB announces net profit for the third Quarter
Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar, regulated by QFCRA and listed on the Qatar Stock Exchange (QSE), released its financial results for the three-months period ended 30th September 2019. According to the released financials, QFB reported a net profit of QAR 1.54 million attributable to equity holders… Continue reading QFB announces net profit for the third Quarter
Qatar First Bank held adjourned EGM
Qatar First Bank L.L.C. (Public) “QFB”, held its adjourned Extraordinary General Meeting (EGM) yesterday to discuss and approve few special resolutions at QFB Lounge premises in Doha – Qatar with the attendance of QFB’s Board of Directors, chaired by Chairman Sheikh Faisal bin Thani Al Thani, along with shareholders and attendees of the EGM. Upon… Continue reading Qatar First Bank held adjourned EGM
QFB announces half-year financials results
Qatar First Bank L.L.C. (Public), a Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the six-month period ending 30th June 2019 recording a net loss of QAR 301.3 million compared with net loss of QAR 353.9 million for the same period of 2018,… Continue reading QFB announces half-year financials results
Qatar First Bank held AGM & EGM
Qatar First Bank L.L.C. (Public) “QFB” held its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) yesterday to discuss the bank’s performance and future initiatives after releasing its financials for the year ended 31 December 2018 at QFB Lounge premises in Doha – Qatar. QFB’s Board of Directors, chaired by chairman Abdulla Bin Fahad… Continue reading Qatar First Bank held AGM & EGM
Qatar First Bank announces 2018 year-end financial results
Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar, regulated by QFCRA and listed on the Qatar Stock Exchange (QSE), has released its financial results for the year ended 31 December 2018, reporting a net loss of QAR 482 million. Key highlights for the year being Total Income (excluding disposal… Continue reading Qatar First Bank announces 2018 year-end financial results
QFB Board of Directors appoints Mr. Ali Al-Obaidly as CEO
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) which is also a listed entity in Qatar Stock Exchange, announced today the appointment of eminent Qatari business and banking figure Mr. Ali Al-Obaidly as its CEO. The Board welcomed the appointment of Mr. Ali Mohammed Al Obaidli… Continue reading QFB Board of Directors appoints Mr. Ali Al-Obaidly as CEO
QFB announces third quarter financial results
Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the nine-month period ended 30th September 2018 recording a net loss of QAR 425.5 million. Mr. Ayman Zaidan, Head of Treasury and Investment Management, said: After a challenging… Continue reading QFB announces third quarter financial results
QFB announces half year financial results
Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the six-month period ending 30th June 2018 recording a net loss of QAR 354 million. Ayman Zaidan, Head of Treasury and Investment Management said: “Year 2018 is showing a… Continue reading QFB announces half year financial results
