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
Archives: News
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
QFB’s CEO Honoured at Top CEO Awards 2022
Mr. Abdulrahman Totonji, Chief Executive Officer of Qatar First Bank, emerged among the Top 10 CEOs in GCC Shari’a Compliant Banks’ Award category Mr. Abdulrahman Totonji, Chief Executive Officer of Qatar First Bank LLC (Public) (“QFB” or “Bank”), has been recognized as one of the Top 10 CEOs in GCC in the Shari’a Compliant Banks’… Continue reading QFB’s CEO Honoured at Top CEO Awards 2022
QFB Right issue
Qatar First Bank L.L.C. (Public) (“Bank”) is delighted to announce the successful closure of its rights issue process. The process included 2 weeks of trading rights (from March 16 2022 to March 29 2022) and a 2 week subscription period (from April 6 2022 to April 19 2022). The total subscriptions received amounted to QAR… Continue reading QFB Right issue
