Media Center: News

Find our latest press releases, recognitions, and awards or contact a representative for more information or media inquiries on communications@leshabank.com

News showing in year 2020
December 12, 2020

Qatar First Bank LLC (QSE: QFBQ) today announced it has acquired The Grand 2 at Papago Park Center, a 358,800 square foot newly completed state-of-the-art Class A office building that is 100% leased to DoorDash under a 15-year triple net lease...

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October 29, 2020

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 2018 recording a net loss of...

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August 23, 2020

Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity in the Qatar Stock Exchange, has completed a USD$41million acquisition of Varsity Brands, a three...

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July 27, 2020

• Efficient risk management framework and cautious liquidity measures aided QFB to successfully upheld macro-economic challenges • QFB applauds the strength and security that Qatari economy provided to the banking sector Qatar First Bank...

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July 13, 2020

Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA), announced today the appointment of a new Acting CEO (ACEO). Mr. Abdulrahman Totonji is a distinguished talent in business,...

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May 7, 2020

Total income also increased by 7% to QAR 34.2 million as compared with the same period of 2019. Total expenses were decreased by 15% to QAR 22.9 million compared to same period of 2019. Income from structured products has increased by 27% as...

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April 7, 2020

Qatar First Bank L.L.C. (Public) “QFB” held its Annual General Meeting (AGM) yesterday to discuss the bank’s performance and future initiatives after releasing its financials for the year ended 31 December 2019 at QFB Lounge premises in...

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March 11, 2020

Q4 recorded a net profit of QAR 1.3 million attributable to equity holders of the bank Fee income increased by 103% to 32.3 million compared to QAR 15.9 million in 2018 Bank reduced total expenses by 17.2% compared to 2018 Qatar First Bank...

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February 26, 2020

Structured aviation note recorded cash distributions 9% annually paid on quarter-yearly basis and a total IRR of 12% Ayman Zaidan: The bank will continue to build on this success through offering innovative financial solutions to its clients Qatar...

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February 25, 2020

• Full year net loss reduced by 24% • QAR 1.2 million net profit recorded in Q4 attributable to equity holders of the bank • Total expenses reduced by 6.9% • Product related income and other income increased by 58% & 17% respectively Qatar...

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February 2, 2020

Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity in the Qatar Stock Exchange, has completed the $117 million off-market acquisition of 90 North, a...

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