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AUTHORIZING SEVERAL BANKS TO WORK JOINTLY TO ARRANGE THE FIRST GREEN BOND ISSUANCE FOR THE QNB GROUP

QNB QNBK -0.36% 13.85 -0.05

QNB Group announced that Barclays Bank PLC, Crédit Agricole, HSBC, ING Bank N.V., QNB Capital LLC and Standard Chartered Bank (together “Joint Lead Managers”) have been mandated to arrange its first ever green bond issuance under its Medium Term Note Programme. A USD benchmark Reg S offering may follow subject to market conditions.

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