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Organization: QNB Finansbank
LEI 789000Q21SW842S9IJ58, Swift FNNBTRISXXX

Full name of organization
QNB Finansbank AS
Country of risk
Turkey
Country of registration
Turkey
Industry
Banks
Credit ratings
in foreign currency
  • M/S&P/F
    ***/-/***
Bond debt
1,597 mln USD
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Finansbank is acquired by Qatar National Bank S.A.Q (QNB Group), the biggest bank in Qatar and a leading financial institution in the Middle East and Africa region. The Group's presence extends to 30 countries across 3
Finansbank is acquired by Qatar National Bank S.A.Q (QNB Group), the biggest bank in Qatar and a leading financial institution in the Middle East and Africa region. The Group's presence extends to 30 countries across 3 continents through its subsidiaries and associate companies, providing a comprehensive range of advanced products and services. The total number of employees is 28,000 operating through more than 1,200 branches. The Global Finance Magazine ranked QNB as "One of The Top 50 Safest Banks in the World" in 2013. For two consecutive years, 2014 and 2015, the Bank was recognized as "The Best Bank in The Middle East" by Euromoney Magazine. The Bank's name has been changed to QNB Finansbank in October 2016. QNB Finansbank Financial Services Group includes QNB Finansleasing, QNB Finansportfoy, QNB Finansinvest, QNB Finansfaktoring, Cigna Finans Retirement and Life Inc., the technology firm IBTech, eFinans and Hemenal Finansman Inc.
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News

04/02/2021 Fitch Ratings affirms QNB Finansbank at "B+" (LT Int. Scale (foreign curr.) credit rating); outlook negative
04/02/2021 Fitch Ratings affirms QNB Finansbank at "BB-" (LT Int. Scale (local curr.) credit rating); outlook negative
11/12/2020 Moody's Investors Service upgrades LT- foreign currency credit rating of QNB Finansbank to "B2" from "Caa1"; outlook negative
16/09/2020 Moody's Investors Service downgrades LT- foreign currency credit rating of QNB Finansbank to "Caa1"; outlook negative
02/09/2020 Fitch Ratings revised outlook on QNB Finansbank to negative and affirmed at "BB-" (LT Int. Scale (local curr.)) credit rating
21/05/2020 Fitch Ratings revised outlook on QNB Finansbank to negative and affirmed at "B+" (LT Int. Scale (foreign curr.)) credit rating
21/05/2020 Fitch Ratings affirms QNB Finansbank at "BB-" (LT Int. Scale (local curr.) credit rating); outlook stable
17/02/2020 Fitch Ratings affirms QNB Finansbank at "BB-" (LT Int. Scale (local curr.) credit rating); outlook stable
17/02/2020 Fitch Ratings affirms QNB Finansbank at "B+" (LT Int. Scale (foreign curr.) credit rating); outlook stable
13/11/2019 Fitch Ratings revised outlook on QNB Finansbank to stable and affirmed at "B+" (LT Int. Scale (foreign curr.)) credit rating
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Bond debt by currency

Codes

  • LEI
    789000Q21SW842S9IJ58
  • Swift
    FNNBTRISXXX
  • SIC
    6020 Commercial banks
  • ICB
    8,300 Banks

Credit ratings

IFRS/US GAAP reports

2019
IV q eng
2018
IV q eng
2017
IV q eng
2016
IV q eng

Indices

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