DOHA: Qatar National Bank (QNB), the largest financial institution in the Middle East and Africa, has announced the financing of subscriptions to the initial public offering (IPO) of Baladna Company. The Bank will finance 65 percent of the total value of shares that Qatari QNB customers wish to purchase, with the capability of providing them at 0 percent interest until the surplus shares are allocated.
Now, customers can complete the registration and subscription to the initial public offering (IPO) with a simple process by visiting qnb.com/IPO available through the bank’s website and mobile banking services.
Through this service, customers can now subscribe easily to IPO by using QNB Internet and Mobile Banking before the opening or during IPO for themselves or on behalf of their relatives and children without the need to visit branches.
QNB provides innovative ways to enable customers to register on all IPOs either for themselves or on behalf of their relatives and children, the bank said in a press statement.
