Published On: Wed, Jan 14th, 2015

Doha Bank Releases Details of Kharafi National Deal

Doha Bank

Doha Bank

Doha Bank announced Tuesday details of a deal with Kharafi National to finance projects worth 25 million Kuwaiti Dinars.

A statement released on Qatar Exchange website said that the deal will be repaid over five years every 2 months out of the payments of the contract proceeds.

The statement said that the deal was within the normal business activity of the bank and so the impact of the transaction on the financial position of the listed company will be limited.

Source : Qatar News Agency

About the Author

Web Development CompanyTechyPros