The Commercial Bank PSQC (CBQK)

Mubasher: The Commercial Bank of Qatar (CBQ) on Thursday announced that its shareholders had approved distributing 15% of the share’s nominal value, or QAR 1.5 a share, as a cash dividend for 2018 during an ordinary general meeting (OGM) held the …

Mubasher: The Commercial Bank of Qatar (CBQ) recorded a 16% year-on-year profit increase during the fourth quarter of 2018. The Qatari lender’s profits amounted to QAR 400 million ($110.91 million) in Q4-18, compared to QAR 344.74 million ($95.59 …

The rating agency has also changed its outlook to the bank to stable instead of negative

Mubasher: Qatar National Bank (QNB) on Thursday announced maintaining the price target (PT) for the Commercial Bank of Qatar (CBQ) at QAR 35 per share. The new PT is 14.4% lower than the share's current market price, as CBQ’s stock ended Thursday …

By: Eman Ghaly Mubasher: Profits of the banks listed on the Qatar Stock Exchange (QSE) increased 9% year-on-year during the third quarter of 2018, according to Mubasher’s statistics. Lenders’ profits amounted to QAR 6.14 billion ($1.70 billion) in …

Mubasher: The Commercial Bank of Qatar (CBQ) posted a 409.6% year-on-year profit surge in during the third quarter of 2018. Net profits amounted to QAR 404.5 million in Q3-18, compared to QAR 79.4 million in Q3-17, according to the bank’s …

Mubasher: The Qatar Stock Exchange (QSE) has been affected adversely by Turkey's currency crisis. The Qatari bourse ended Sunday’s trading session in negative territory, after the general index fell 251.86 points, or 2.55%, to 9,635 points. The …

Mubasher: The Commercial Bank (CBQ) said that the global rating agencies Fitch and Moody’s have upgraded their outlook of the bank to “Stable”, according to a bourse disclosure on Sunday. Fitch affirmed the long-term issuer default rating (IDR) of …

By: Eman Ghaly Mubasher: The financial statements of the nine banks listed on the Qatar Stock Exchange (QSE) showed a 4.03% year-on-year increase in their profits for the second quarter of 2018. Net profits amounted to QAR 5.72 billion ($1.57 …

Mubasher: The Commercial Bank of Qatar on Thursday posted a 408% year-on-year hike in its profit for the second quarter of 2018. Net profits amounted to QAR 450.06 million ($124.2 million) in Q2-18, compared to QAR 88.59 million ($24.4 million) in …

Mubasher: Moody's Investors Service (Moody's) on Monday announced that it has confirmed the long-term deposit and issuer ratings of ten Qatari banks, in addition to the senior unsecured and subordinated debt ratings of their affiliated entities. …

Mubasher: The Commercial Bank of Qatar (CBQ) on Sunday announced halting discussions with Tabarak Investment, a wholly-owned subsidiary of Tabarak Commercial Investment, over buying the Qatari lender’s stake in the UAE-based United Arab Bank …

Mubasher: Moody's Investors Service announced that it has downgraded the Commercial Bank of Qatar’s (CBQ) long-term deposit ratings to A3 from A2 and its short-term deposit ratings to Prime-2 from Prime-1. The outlook on the rating is negative.  …

Mubasher: Qatar National Bank (QNB) Financial Services on Thursday has raised Commercial Bank of Qatar’s (CBQ) price target at QAR 35 per share, up from QAR 29 a share. QNB also maintained CBQ’s market perform rating, adding that “CBQK is trading …

Mubasher: Commercial Bank of Qatar (CBQ) posted a 345% year-on-year surge in its profits during the first quarter of 2018. Net profits amounted to QAR 405 million during Q1-18, up from QAR 91 million in Q1-17, according to the bank’s filing to the …

Mubasher: The Commercial Bank of Qatar (CBQ) on Sunday announced signing a $250 million loan, which was syndicated in the Asian market. The syndicated loan has a one-year extension option, according to the bank’s filing to the Qatar Stock Exchange …

Mubasher: Commercial Bank of Qatar (CBQ), listed on the Qatar Stock Exchange (QSE), will issue bonds at a combined value of $1 billion in the coming period. Qatar's third-largest bank by assets aims at issuing the debt notes at the international …

Mubasher: Commercial Bank of Qatar (CBQ) has agreed upon extending the time for selling its 40% stake in Abu Dhabi-listed United Arab Bank (UAB) to the UAE-based Tabarak Investment. The stake of Qatar’s third-largest bank by assets in the UAB is …

Mubasher: The Commercial Bank of Qatar (CBQ) is committed to allocating $300 million to support Turkey’s Alternatifbank's growth, said CEO Josef Abraham. The CBQ’s investments in the Turkish bank amount to $1 billion, which is the largest …

Mubasher: Qatar's Commercial Bank has agreed to extend the exclusive deadline given to Tabarak Investment for the third time until 2 April. The deadline pertains to Tabarak Investment's purchase of a stake in United Arab Bank (UAB) from Qatar's …

Mubasher: Qatar's Commercial Bank, listed on the Qatar Stock Exchange (QSE), has agreed upon selling its 40% stake in Abu Dhabi-listed United Arab Bank (UAB) to the UAE-based Tabarak Investment, sources told Reuters on Tuesday. The stake of …

Mubasher: The Commercial Bank of Qatar (CBQ) achieved a leap of 24,500% in profits during the fourth quarter of 2017 compared to the same period last year. Earnings grew to QAR 344.67 million ($95.71 million) in Q4-17 from QAR 1.4 million …

Doha – Mubasher:  The Commercial Bank of Qatar (CBQ) on Sunday announced that Tabarak Investment, a subsidiary of Tabarak Commercial Trade, expressed its interest in buying the CBQ’s share in the United Arab Bank (UAB). Earlier in October, the UAB …

Mubasher: The Commercial Bank of Qatar’s (CBQ) profits are expected to take a hit for the third quarter of 2017, according to a recent report by Qatar National Bank (QNB) Financial Services. The Commercial Bank of Qatar owns 40% of the United Arab …

Abu Dhabi – Mubasher: The Commercial Bank of Qatar (CBQ) intends to sell its 40% stake in the Emirate United Arab Bank (UAB), the UAB told the Abu Dhabi Securities Exchange (ADX) on Sunday. In September, the CBQ’s board agreed on granting a “third …