QNB BANK AS 23/33 FLRQNB BANK AS 23/33 FLRQNB BANK AS 23/33 FLR

QNB BANK AS 23/33 FLR

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Overview
Analysis

Key terms


Outstanding amount
‪300.00 M‬USD
Face value
1,000.00USD
Minimum denomination
200,000.00USD
Coupon
10.75% (Variable)
Coupon frequency
Semi-annual
Yield to maturity
9.12%
Maturity date
Nov 15, 2033
Term to maturity
9 years

About QNB BANK AS 23/33 FLR


Sector
Finance
Industry
Major Banks
Issue date
Nov 15, 2023
ISIN
XS2678233243
QNB Bank AS engages in the provision of products and services to its customers in factoring, leasing, consumer finance, insurance, portfolio management services, and e-transformation products. It operates through the following segments: Retail Banking; Corporate and Commercial Banking; and Treasury and Head Office. The Retail Banking segment focuses on time and demand deposits, overdraft services, automatic account services, consumer loans, vehicle loans, housing loans, and investment fund services. The Corporate and Commercial Banking segment includes deposit and loans, foreign trade financing, and forward and option agreements. The company was founded on September 23, 1987 and is headquartered in Istanbul, Turkey.
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