The new acquisition follows phase I of the Campus acquired in May 2021 as part of the Bank’s investment diversification strategy. Lesha Bank L.L.C (Public) (“Lesha Bank” or the “Bank”), announced the acquisition of phase II of a Company Headquarters (the “Campus”), situated in Columbus Ohio in the US. This comes following the successful acquisition… Continue reading Lesha Bank Acquires Phase II of Company Headquarters in Ohio
Archives: News
Lesha Bank Reports Net Profit of QAR 63.6 Million for the Nine-Months Period Ended 30 September 2022
The Bank records its 8th consecutive quarter of profit reaffirming its commitment to achieving sustainable growth Lesha Bank L.L.C (Public), (the “Bank”) announced its financial results for the nine months period ended 30 September 2022, reporting a net profit attributable to equity holders of QAR 63.6 million, a 2.5% increase compared to the same period… Continue reading Lesha Bank Reports Net Profit of QAR 63.6 Million for the Nine-Months Period Ended 30 September 2022
Lesha Bank Recognized as a Market Leader in Investment Banking in Doha, Qatar by Euromoney
Lesha Bank LLC (Public) (the “Bank”) formerly known as Qatar First Bank is pleased to announce receiving rating in four categories of Euromoney Market Leaders in Qatar, endorsing the Bank as a leader in investment banking in Doha, Qatar. In addition to the “Market Leader” accreditation in Investment Banking in Qatar, Euromoney accorded Lesha Bank… Continue reading Lesha Bank Recognized as a Market Leader in Investment Banking in Doha, Qatar by Euromoney
Qatar First Bank Announces Official Name Change to Lesha Bank
A new brand identity for Qatar First Bank that marks the next chapter of its remarkable growth journey Qatar First Bank LLC (Public) (“QFB”) has announced the official name change of the Bank to Lesha Bank LLC (Public) (the “Bank”), a key milestone in the Bank’s ambitious growth journey and marking its achievements of the… Continue reading Qatar First Bank Announces Official Name Change to Lesha Bank
FAQs – Frequently asked questions on the rebranding of Qatar First Bank LLC (Public) to Lesha Bank LLC (Public)
Why did Qatar First Bank (QFB) decide to rebrand to Lesha Bank? QFB has rebranded to Lesha Bank with a new look and feel to reflect its remarkable growth journey and repositioning itself as a leading investment banking institution. This comes as a natural progression at a time of important transition into a new direction… Continue reading FAQs – Frequently asked questions on the rebranding of Qatar First Bank LLC (Public) to Lesha Bank LLC (Public)
Qatar First Bank posts QAR 42 million net profit in first half of 2022
Qatar First Bank LLC (Public) (“QFB” or “Bank”) announced its financial results for the six months’ period ending 30th June 2022, reporting a net profit attributable to shareholders of QAR 42 million, which is a growth of 2.6% from the QAR 40.9 million reported in the same period of the last year. The Bank continued… Continue reading Qatar First Bank posts QAR 42 million net profit in first half of 2022
Qatar First Bank Holds its Extraordinary General Meeting
Qatar First Bank LLC (Public) (“QFB” or the “Bank”), held its Extraordinary General Meeting (EGM) on Monday, 01 August 2022 and approved all agenda items. The EGM, chaired by QFB’s Vice Chairman Mr. Mohammed Yousef Al Mana, was held virtually via Zoom. In attendance were members of QFB’s board of directors (the “Board”), shareholders, and… Continue reading Qatar First Bank Holds its Extraordinary General Meeting
Qatar First Bank Acquires Gateway Plaza Building in the US
The acquisition is the Bank’s eleventh Shari’a compliant real estate investment in the US, located in Richmond, Virginia and reaffirms its strategic direction to secure viable investments in the US Real Estate Market Qatar First Bank LLC (Public) (QFB) has acquired the Gateway Plaza building in Richmond, Virginia, USA. The new acquisition is a Class… Continue reading Qatar First Bank Acquires Gateway Plaza Building in the US
Qatar First Bank to Finance Qatari Consortium of Investors for the Acquisition of 10.8% Stake in Ennismore Group
Qatar First Bank LLC (Public) (QFB) announced that it will finance a Qatari consortium of investors that aims to participate in the acquisition of a 10.8% stake in Ennismore, one of the world’s largest and fastest growing lifestyle hospitality company majority owned by international hospitality conglomerate group, Accor and with the remaining shares held by… Continue reading Qatar First Bank to Finance Qatari Consortium of Investors for the Acquisition of 10.8% Stake in Ennismore Group
Qatar First Bank Successfully Exits Jefferson Square, US Real Estate Investment, and plans to generate more than 8% IRR for investors
Qatar First Bank (QFB), announced the successful exit of Jefferson Square, its first syndicated real estate investment located in the heart of Baltimore, Maryland, USA. QFB acquired Jefferson Square, a class A multifamily residential building, in June 2017 as part of its Shari’a compliant real estate investment program. Jefferson Square marks the second US real… Continue reading Qatar First Bank Successfully Exits Jefferson Square, US Real Estate Investment, and plans to generate more than 8% IRR for investors
