QNB Bank A.S., founded in 2008 and based in Turkey, serves as a key player in the financial sector, catering primarily to retail and corporate clients with a focus on innovative banking solutions. The bank offers a comprehensive range of products and services, including personal and corporate loans, savings accounts, and investment solutions aimed at enhancing financial growth for its customers.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| QNBFB 10.75% 2033-11-15 USDQNB Bank A.S. | Turkey | 2033-11-15 | 10.750 | 8.69 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
QNB Bank A.S. began issuing bonds in 2015 to diversify its funding sources and enhance liquidity. One notable issuance was a 5-year Eurobond valued at $500 million in 2020, which attracted significant investor interest due to its competitive yield of 3.5%, compared to an industry average of 4.2%. This issuance was pivotal for the bank, as it indicated strong market confidence during a period of economic uncertainty. Additionally, QNB occasionally offers green bonds, aligning with global sustainability initiatives, reflecting their commitment to responsible finance.