Qatar

Qatar National Bank has printed two dim sum bonds through JP Morgan, a bank whose commitment to Qatari issuers has been under scrutiny since the Middle East diplomatic crisis erupted in June 2017.

Qatar National Bank and Bank of China kept the momentum going in the offshore renminbi bond market this week, with the latter’s Rmb4bn ($632m) deal the largest in nearly three years. Their success is an encouraging sign about appetite for the currency.

Qatar National Bank (QNB) kept the momentum in the offshore renminbi bond market going with a new issuance on Tuesday, showing there is still appetite for the currency.

QInvest’s head of debt capital market and financial institutions has left the bank earlier this week.

Qatar National Bank (QNB) has picked up $2.38bn of bonds via private placements (PPs) in the last fortnight. But the size of the deals are such that they would have been better printed as public Eurobonds.

Ever since six Arab countries led by Saudia Arabia and the UAE ostracised Qatar last summer, banks have been agonising over the feud.

Qatar National Bank (QNB) has signed a $3.5bn loan with 21 international banks, with one of those also selling over $2.3bn of MTNs for the issuer, showing that banks’ jitters about supporting Qatari entities in the wake of the dispute between the sultanate and six other Arab states have partly been assuaged. Bianca Boorer and Virginia Furness report.

Qatar National Bank has signed a $3.5bn loan with 21 international banks, showing that banks' jitters about supporting Qatari entities in the wake of the dispute between the sultanate and six other Arab states have partly been assuaged.

Qatar National Bank is expected to increase its loan to around $3.25bn, after it received commitments exceeding its launch amount.

Two days after locking in a $1bn private placement, Qatar National Bank has sold a second two year floating rate note, this time for $1.38bn.

Qatar National Bank has added to its run of funding with a $1bn two year private placement, according to sources.

Qatar National Bank is expected to sign its $3bn loan refinancing in the first week of February, according to a source close to the deal.