| January: |
We establish our first office in Doha’s West Bay |
| February: |
A private equity placement is launched and three senior executives appointed |
| March: |
Designs for our branch network are finalised |
| April: |
We launch our highly successful IPO. This attracted 86,547 Qatari investors, who applied for shares worth QAR 1.37bln, leaving the offer 2.28 times oversubscribed.
The IPO of 120 million shares, or 17% of the bank’s authorised capital, was worth an initial QAR 600mln, paid at 50%
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| May: |
The allocation of IPO and Private Placement shares is completed |
| June: |
We make a sponsorship of QR 500,000 to the American School of Doha; finalise four branch locations and unveil our corporate Vision and Values
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| July: |
Our staff training branch facility is completed. Staff numbers hit 80 and the executive team is further strengthened with Finance and Treasury appointments |
| August: |
Our shares list on the DSM and we launch our "Conversation" by writing to all our shareholders and inviting other stakeholders to participate by giving their views on our website
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| September: |
Building and fit out is well under way on headquarters and training branch. The first training academy is held. |
| October: |
We launch a next generation HR policy as staff numbers swell to almost 200.
Negotiates to acquire the banking business of BLC (France) SA assets in UAE, subject to regulatory clearance.
Participates in a US$2.5bln refinancing deal for QTel with US $135mln loan
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| November: |
Participation in the Qatari Capital Markets Day at the London Stock Exchange (LSE). Complete all our appointments to the senior executive team |
| December: |
We celebrate Qatar National Day with a multi cultural staff event |