Doha-Mubasher: NBK Capital set the fair value of the Qatar National Bank (QNB) at QAR 254.70, with a “Buy” recommendation.
NBK Capital’s updated rating came after the Saudi Council of Ministers granted a license for Qatar National Bank (QNB) to open a branch inside the Kingdom, according to the bank’s statement.
With the new branch in the Kingdom, the bank will have branches in six GCC countries.
