Qatar-National-Bank-qnb

QNB strong contender to arrange Kenya’s first sukuk

: Sunday, July 06 - 2014 @ 03:24

QNB Capital, a unit of Qatar National Bank, the Gulf country’s biggest lender, is believed to be a strong contender to arrange Kenya’s first Islamic bond issue, which is in the planning stage, Reuters has reported, citing unnamed bankers. QNB “is a big bank in the Middle East and it has been involved in arranging other issues in Africa, especially in North Africa,” said Geoffrey Mwau, economic secretary at the Kenyan finance ministry.

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Sunday, July 6- 2014 @ 3:24 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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