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Qatar National Bank declines after lender reaches out
- Qatar: Sunday, September 02 - 2012 at 16:25
The QE 20 Index in Doha slipped 0.34% to 8,454.90 points Sunday. The country's largest lender Qatar National Bank or QNB fell 0.40% to QR133.60. Last Thursday, QNB said it inflated its stake in Commercial Bank International, known as CBI, in Dubai to 39.9% from 16.5%. The bank added it started talks to take a controlling stake in National Societe Generale Bank, the Egyptian branch of France's lender Société Générale.
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Gérard Al-Fil, Financial JournalistSunday, September 02 - 2012 at 16:25 UAE local time (GMT+4)
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