Reuters Qatar’s Ahli Bank has started talks to raise a $250 million three-year loan, banking sources maintained. The loan will be partially used to refinance an existing $200 million facility the bank signed in September 2014 and is due to mature next year, two of the sources said on condition of anonymity as the negotiations are private. One of ...

  Reuters Kuwait’s Boubyan Bank is aiming to sell $250 million in capital-boosting sukuk after releasing initial pricing thoughts for the issue, a document from lead managers said. The deal, structured with a perpetual tenor and with an option for the bank to redeem the paper after the fifth year, is earmarked to price in the very low 7 percent ...

Bloomberg Nordea Bank AB will cut more jobs as Scandinavia’s largest lender looks for ways to lower its cost-to-income ratio by about one-fifth. “Over time the headcount will be lower,” Chief Executive Officer Casper von Koskull said in an interview at Nordea’s headquarters in Stockholm. “A best-in-class retail bank operates today with a cost-to-income ratio in the low 40s. Surely ...