BEST DEBT HOUSE
Qatar National Bank
The Qatar market has historically been dominated by Qatar National Bank and it still remains a strong and vibrant organization. But size is not everything and the performance of Doha Bank has been so impressive that it is a worthy winner.
It is a superbly run bank with net income up by 70% in the past year. It has made a tremendous amount of money on its financial investments. The bank has shown itself extremely efficient at delivering its basic services.
In debt markets, Qatar National Bank has developed the expertise, experience and professionalism to enable it to compete on an equal basis with the world's leading investment banks. Among its financing successes are the lead management of the refinancing of the State of Qatar's $400 million syndicated loan; being lead manager and book runner for the QatarGas II $3.6 billion commercial tranche term financing and being mandated lead arranger of the $530 million Islamic element. It was also lead arranger for the $885 million project financing for the Taweelah B Independent Water and Power Project in Abu Dhabi.