One of the Bank’s subsidiaries has signed a conditional sale agreement to sell its full stake of 20% in İstanbul Memorial Sağlık Yatırımları A.Ş. (“Memorial”) which is incorporated in Turkey to a company wholly owned by the Aydin Family. Subject to the fulfillment of all conditions and the receipt of all approvals and prior to… Continue reading Qatar First Bank announces that one of its subsidiaries has signed a conditional sale contract to sell its full stake at memorial company
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Qatar First Bank announces that one of its subsidiaries has signed a conditional sale contract to sell its full stake at English home company
One of the Bank’s subsidiaries has signed a conditional sale agreement to sell its full stake of 40% in EHM MAGAZACILIK SAN. VE TİC. A.Ş (“English Home”) which is incorporated in Turkey to a company wholly owned by the Aydin Family. Subject to the fulfillment of all conditions and the receipt of all approvals and… Continue reading Qatar First Bank announces that one of its subsidiaries has signed a conditional sale contract to sell its full stake at English home company
QFB announces first quarter 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 first quarter of 2018 recording revenues of QAR 92.3 million. Ayman Zaidan, Head of Treasury and Investment Management said: “Despite the challenging macroeconomic landscape that we faced… Continue reading QFB announces first quarter results
Qatar First Bank held AGM/ EGM
Qatar First Bank L.L.C. (Public) “QFB” held its Annual General Meeting (AGM) today to discuss the bank’s results and future outlook after releasing financials for the year ended 31 December 2017 at QFB Lounge premises in Doha – Qatar. QFB’s Board of Directors, chaired by QFB chairman Abdulla Bin Fahad Bin Ghorab Al Marri, along… Continue reading Qatar First Bank held AGM/ EGM
Qatar First Bank announces 2017 year-end financial results
Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), has released its financial results for the year ended 31 December 2017. QFB investment portfolio continued to generate healthy dividends (QAR 25.5 million) which constitute double the income generated in 2016. furthermore, the… Continue reading Qatar First Bank announces 2017 year-end financial results
QFB announces third quarter financial results
Recording revenues of QAR 271.89 million; Reduction of overall expenses by 16%; Recording a total assets of QAR 5.54 billion 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 2017 recording… Continue reading QFB announces third quarter financial results
QFB announces first half results
– Recording revenues of QAR 185 million – Reduction of overall expenses by 19.4% – Deposit base totalled QAR 2.8 billion 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 6-month period ended 30th June 2017… Continue reading QFB announces first half results
QFB installs Tamim Almajid mural
In a show of loyalty, support and solidarity with His Highness the Emir, Sheikh Tamim bin Hamad Al-Thani, the wise leadership and the people of Qatar, Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock Exchange (QSE), installed “Tamim Almajd” mural. At a signing ceremony… Continue reading QFB installs Tamim Almajid mural
New Qatari Appointments in QFB Senior Management
Al-Khoori: “Unleashing potentials of local talents will enable QFB to best benefit from local market opportunities and contribute to Qatar Vision 2030.” Al-Sahli: “Glad about this appointment and looking to best assist QFB clients and investors.” Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank based in Qatar and listed on the Qatar Stock… Continue reading New Qatari Appointments in QFB Senior Management
QFB announces first quarter results
• Recorded revenue of QAR 121.5 million; • Slightly decreased total assets by 3% to QAR 5.8 billion, compared to year end 2016 • Compared to the same period of the previous year, QFB: o Improved profitability by 51%; and o Reduced expenses by 13% Qatar First Bank L.L.C. (Public), a leading Shari’ah compliant bank… Continue reading QFB announces first quarter results