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
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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
QFB announces the resignation of Ziad Makkawi as its Chief Executive Officer, The board of directors also announces the appointment of Khaled Al Khoori as new Acting CEO
The Board of Directors of QFB LLC (Public) announced today the appointment of Mr. Khaled Abdullah Al Khoori, as the new Acting CEO pending regulatory approvals. The Board of Directors of QFB has approved the resignation of Chief Executive Officer Mr. Ziad Makkawi during his last meeting, and thanked him for his efforts during the… Continue reading QFB announces the resignation of Ziad Makkawi as its Chief Executive Officer, The board of directors also announces the appointment of Khaled Al Khoori as new Acting CEO
Qatar First Bank held AGM
Qatar First Bank L.L.C. (Public) “QFB” held its Annual General Meeting (AGM) yesterday to discuss the bank’s results and future outlook after releasing financials for the year ended 31 December 2016 and announcing the launch of the second phase of the cost rationalisation plan. QFB’s Board of Directors, chaired by QFB chairman Abdulla Bin Fahad… Continue reading Qatar First Bank held AGM
Qatar First Bank announces 2016 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 2016 and announced the launch of the second phase of its cost rationalisation plan. QFB recorded a net loss of QAR 265.6… Continue reading Qatar First Bank announces 2016 year-end financial results
Best Private Bank – EMEA Finance Awards
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), is pleased to announce that it has won the coveted “Best Private Bank in Qatar” title for 2016, from ‘EMEA Finance’, the leading finance magazine in Europe, Middle East and Africa regions. Representing… Continue reading Best Private Bank – EMEA Finance Awards