Wednesday, 9 May 2018

Qatar's Commercial Bank hires banks for first public bond since Gulf dispute | Reuters

Qatar's Commercial Bank hires banks for first public bond since Gulf dispute | Reuters:

"Commercial Bank COMB.QA, Qatar’s third-largest lender by assets, has mandated banks to arrange a series of fixed-income investor meetings ahead of a potential U.S. dollar-denominated bond.

The planned transaction would be the first public bond issue by a Qatari bank since a political dispute erupted in June last year between Qatar, Saudi Arabia, the United Arab Emirates, Bahrain and Egypt.

Qatari banks have sought to diversify their funding since the boycott started."



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