Doha Bank closes QR525mn syndicated term loan facility

The syndicated transaction was significantly oversubscribed and Doha Bank was able to upsize the facility from the initial target size of $400mn due to the excellent support from its relationship banks, Dr R Seetharaman, chief executive of Doha Bank, said


Barwa Bank EGM approves proposed merger with IBQ

In addition, it was approved to increase the bank’s authorised and paid-up capital from QR4,000,000,000 and QR3,000,000,000 respectively to QR5,234,100,000, taking into consideration the terms and conditions of the merger.