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The Commercial Bank (Q.S.C.) of Qatar has today signed a USD 2 billion Euro Commercial Paper and Certificate of Deposit Programme

14 July 2015

Doha, Qatar: The Commercial Bank (Q.S.C.) of Qatar has today signed a USD 2 billion Euro Commercial Paper and Certificate of Deposit Programme via its fully guaranteed issuing vehicle Forty Global Limited (which is 100% owned by The Commercial Bank and incorporated in the Cayman Islands).  The issuance of the ECP/CD Programme is part of the ongoing  strategy of The Commercial Bank to diversify its funding base.