Qatar First Bank (“QFB” or “Bank”), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ) announced its financial results for the six months period ending 30 June 2021. The Bank has achieved a net profit attributable to shareholders of QAR […]
Post Type Archives: News
Qatar First Bank successfully completes two equity investments exits
In line with its strategy to further strengthen its liquidity provision, the Bank has successfully exited its equity investments in Al Rifai International Holding (ARIH) and Food Services Company (FSC) Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the Qatar Financial Center Regulatory Authority (QFCRA), and a listed entity on the […]
Qatar First Bank Acquires Phase 1 of a Healthcare Technology Company Headquarters in Ohio
The new acquisition marks Qatar First Bank’s 7th investment in the Unites States, and confirms the Bank’s commitment to increasing its presence in the American real estate market as part of its investment diversification strategy. Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed […]
Qatar First Bank’s Achieves QAR 20.6 million in Profit for the first quarter ended 31 March 2021
Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ) announced its financial results for the first quarter for the period ended on 31 March 2021. The Bank has achieved a net profit attributable to shareholders of […]
Qatar First Bank Holds Extraordinary General Assembly Meeting
Sheikh Faisal bin Thani Al Thani: Qatar First Bank will continue implementing its business strategy with further commitment to improving its overall performance, balance sheet, and liquidity position through the ongoing financial year Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on […]
Qatar First Bank Holds Annual General Assembly Meeting
Sheikh Faisal bin Thani Al Thani: QFB improved its balance sheet and overall liquidity position in 2020 thanks to increasing operational efficiency and expenditures rationalization. Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on the Qatar Stock Exchange (QSE: QFBQ) held its […]
Qatar First Bank Launches Mobile Banking Application to Enhance Clients’ Banking Experience
The launch of QFB Mobile App comes in line with the Bank’s digital transformation strategy and in response of the investment and financial needs of QFB’s gowning client base in Qatar and abroad The QFB Mobile App now allows clients to manage most of their investment needs remotely Qatar First Bank (QFB), the first independent […]
Qatar First Bank Announces Successful Exit of CMRC Limited
The Bank has successfully exited the regional private equity investment for USD $ 31.5 million. QFB plans to continue identifying new regional and global investment opportunities in line with its investment diversification strategy. Qatar First Bank (QFB), the first independent Shari’ah compliant bank authorized by the QFC Regulatory Authority (QFCRA) and a listed entity on […]
QFB Annual General Meeting Assembly and Extraordinary General Meeting Assembly
Registration Process for shareholders and proxies In compliance with the guideline’s issues by Ministry of Health in order to limit the spread of corona virus pandemic, the Annual General Meeting and Extraordinary General Meeting of QFB will be held virtually using Zoom application. Extraordinary general meeting 05th April 2021 4.30pm Annual general meeting 05th April 2021 5.00pm […]
Qatar First Bank announces full year financial results
• 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 First Bank (QFB), the first independent Shari’ah compliant bank authorized by […]