Qatar First Bank QFB Sells a Subsidiary and Receives a Cash Flows Exceeded USD 22 million

24/10/2019

Qatar First Bank has announced that in line with its strategy relevant to the liquidation of the investment portfolio, one of its own subsidiaries “FutureCard Technologies” has sold its full stake in Future Industries Holding to Toppan Gravity. Such an Existing enabled QFB to receive cash flows exceeded USD 22 million.