+ A
A -
QNA
Doha
Commercial Bank has said it recently closed a three-year $250 million syndicated loan, which was mandated to Mizuho Bank Limited to lead and arrange.
The purpose of the facility is to meet the bank’s general funding and working capital needs.
According to a statement on the Qatar Exchange website on Monday, Commercial Bank has authorised Mizuho Bank to manage and organise the loan.
Commercial Bank has total assets of QR138.7 billion. As a full service commercial bank, the lender offers a full range of corporate, retail and investment banking services as well as owning and operating the exclusive diners’ club franchise in Qatar. The bank’s countrywide network includes 29 full service branches and 174 ATMs.
Commercial Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange. Commercial Bank’s Swiss Franc bond issued in March 2018 is the largest ever CHF bond from the MENA region.
Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments through its associates and subsidiaries.
Mizuho Bank was formed in 2002 from the merger of three of Japan’s largest and most established banks, the Dai-Ichi Kangyo Bank (DKB), Fuji Bank and the Industrial Bank of Japan (‘IBJ’). The diverse activities have now been integrated under ‘One Mizuho’ to create a global powerhouse.
Mizuho is one of the three so-called Japanese “megabanks” (along with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group), it has over 505 branches and offices in Japan and in 38 other countries, and is the only bank to have branches in every prefecture in Japan.
Doha
Commercial Bank has said it recently closed a three-year $250 million syndicated loan, which was mandated to Mizuho Bank Limited to lead and arrange.
The purpose of the facility is to meet the bank’s general funding and working capital needs.
According to a statement on the Qatar Exchange website on Monday, Commercial Bank has authorised Mizuho Bank to manage and organise the loan.
Commercial Bank has total assets of QR138.7 billion. As a full service commercial bank, the lender offers a full range of corporate, retail and investment banking services as well as owning and operating the exclusive diners’ club franchise in Qatar. The bank’s countrywide network includes 29 full service branches and 174 ATMs.
Commercial Bank enjoys strong credit ratings of (A3) from Moody’s, (A) from Fitch, and (BBB+) from Standard & Poor’s. The Bank is listed on the Qatar Exchange and was the first Qatari bank to list its Global Depository Receipts (GDRs) on the London Stock Exchange. Commercial Bank’s Swiss Franc bond issued in March 2018 is the largest ever CHF bond from the MENA region.
Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments through its associates and subsidiaries.
Mizuho Bank was formed in 2002 from the merger of three of Japan’s largest and most established banks, the Dai-Ichi Kangyo Bank (DKB), Fuji Bank and the Industrial Bank of Japan (‘IBJ’). The diverse activities have now been integrated under ‘One Mizuho’ to create a global powerhouse.
Mizuho is one of the three so-called Japanese “megabanks” (along with Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group), it has over 505 branches and offices in Japan and in 38 other countries, and is the only bank to have branches in every prefecture in Japan.
