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QFB has completed a USD$41million acquisition of Varsity Brands, a three story, 135,0000 square foot building in Texas, USA, adding another income-generating real estate asset to its portfolio of investments. Varsity Brands marks QFB’s fifth investment in the US real estate market and has been fully syndicated to the Bank’s clients.
Qatar First Bank (QFB) has released its interim condensed consolidated half-year financial statements for the period ended 30 June 2020. QFB reduced its net loss by 35% recording a net loss of QAR 202 million for the first half of 2020 compared with a net loss of QAR 310 million for the same period last year.
Qatar First Bank announced today the appointment of a new Acting CEO (ACEO).
Qatar First Bank L.L.C. a leading Shari’ah compliant bank based in Qatar, regulated by QFCRA and listed on the Qatar Stock Exchange (QSE), released its financial results for the three-months period ended 31 March 2020.
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 Doha, while adhering to all the precautionary measures to ensure the safety of participants.
Qatar First Bank L.L.C. (Public) “QFB”, a leading Shari’ah compliant bank based in Qatar, regulated by QFCRA and listed on the Qatar Stock Exchange (QSE), has released its financial results for the year ended 31 December 2019.