Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) has announced its financial results for the year ending December 31, 2024, as approved by its board of directors. The Bank achieved a net profit of QAR 128.2 million attributable to its equity holders, making an exceptional profit to its shareholders and reflecting a remarkable 36%… Continue reading Lesha Bank records a Net Profit of QAR 128.2 million for the year ended 2024, reflecting 36% YoY growth and propose cash dividends
Archives: News
Lesha Bank acted as Joint Lead Manager for Estithmar Holding’s QAR145 million Sukuk Tap Issuance, following their inaugural 500 million Sukuk issued in Qatari Riyal
Lesha Bank Strengthens its Aviation Portfolio with Strategic Acquisition of five Boeing 777-300ER Aircraft on-lease to a Leading Airline
Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) announced the successful acquisition of five Boeing 777-300ER aircraft leased to a leading airline, marking a significant step in its renewed focus on aviation and aircraft leasing. This acquisition reaffirms Lesha Bank’s dedication to its aviation strategy, highlighting its plans for Shari’a-compliant investments in the sector.… Continue reading Lesha Bank Strengthens its Aviation Portfolio with Strategic Acquisition of five Boeing 777-300ER Aircraft on-lease to a Leading Airline
Lesha Bank records net profit of QAR 96.6 million for the nine-month period ended September 2024, reflecting a 45% YoY growth
Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) reported its financial results for the nine-month period ending September 30, 2024. The Bank achieved a net profit of QAR 96.6 million, attributable to the equity holders, marking a 45% increase compared to the same period in the previous year. This growth reflects the Bank’s continued… Continue reading Lesha Bank records net profit of QAR 96.6 million for the nine-month period ended September 2024, reflecting a 45% YoY growth
Lesha Bank signs two memorandums of understanding (MoU) with Barwa Real Estate
Lesha Bank LLC (Public) (“Lesha Bank” or the “Bank”) signed two memorandums of understanding (MoU) with Barwa Real Estate and its subsidiary Waseef, on the second day of Cityscape Qatar 2024. These MoUs are aimed at exploring potential collaboration opportunities between Lesha Bank and Barwa Real Estate in the investment domain. Additionally, Lesha Bank will… Continue reading Lesha Bank signs two memorandums of understanding (MoU) with Barwa Real Estate
Lesha Bank Completes Acquisition of Bereke Bank in Kazakhstan
Lesha Bank LLC (Public) (“Lesha Bank” or “Bank”) has successfully completed the acquisition of the entire share capital of “Bereke Bank” JSC in Kazakhstan. The share sale and purchase agreement in connection with the transaction was signed on 31 March 2024 between Lesha Bank, as purchaser, and Kazakhstan-based “Baiterek” National Management Holding JSC, as seller. The transaction completed on 8 October 2024. The agreed… Continue reading Lesha Bank Completes Acquisition of Bereke Bank in Kazakhstan
Lesha Bank acted as Joint Lead Manager for QIIB’s Additional Tier 1 US$300 million Sukuk issuance
Reposted from Qatar Stock Exchange (25 September 2024) – QIIB announced the successful issuance of a $300 million Tier 1 capital sukuk, aimed to strengthen its capital position and benefitting from opportunities in the global sukuk market. The Sukuk witnessed great demand from investors, the total order book reached more than eight times the issuance… Continue reading Lesha Bank acted as Joint Lead Manager for QIIB’s Additional Tier 1 US$300 million Sukuk issuance
Lesha Bank acted as Joint Lead Manager for Estithmar Holding’s QAR 500 million Sukuk issuance, the first corporate Sukuk issued in Qatari Riyal
Reposted from Qatar Stock Exchange (27 August 2024) Estithmar Holding QPSC is pleased to announce the successful issuance of a QAR 500 million Sukuk, the first corporate Sukuk denominated in Qatari Riyal. This issuance is the inaugural tranche of its QAR 3.4 billion Sukuk program, which is listed on the London Stock Exchange’s International Securities… Continue reading Lesha Bank acted as Joint Lead Manager for Estithmar Holding’s QAR 500 million Sukuk issuance, the first corporate Sukuk issued in Qatari Riyal
Lesha Bank acquires residential building in the Pearl Qatar
Lesha Bank has completed the acquisition of a residential building located in the Pearl Qatar through a subsidiary of the bank. The transaction value was QAR 48,000,000 (forty-eight million Qatari Riyals).
Lesha Bank Announces Successful Exit from David Morris International Limited
Lesha Bank LLC (Public) (“the Bank” or “Lesha Bank”) has successfully concluded its exit from David Morris International Limited, a premier international luxury jewelry brand, with a transaction that valued the business at GBP 70 million. As a 50% shareholder, Lesha Bank realized exit proceeds of GBP 35 million, representing a profitable return on investment… Continue reading Lesha Bank Announces Successful Exit from David Morris International Limited
