Qatar National Bank Plans To Apply for Saudi Investment Banking
Licence
May 04, 2017
Qatar National Bank (QNB), the largest bank in the Middle East
and Africa, plans to apply for a licence from Saudi Arabia's
Capital Market Authority for its investment bank, its group
chief executive told reporters on Thursday.
Speaking at the inauguration of QNB's branch in Riyadh, Ali
Ahmed al-Kuwari said QNB had no plans to make acquisitions in
the Saudi Arabian banking sector.
Reuters
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