Qatar’s QNB Group has launched its first-ever green bond in euros, marking a major milestone for sustainable finance. Moreover, the bank issued a five-year tranche valued at EUR 750 million, representing the largest euro-denominated green bond from a GCC bank. Therefore, this QNB green bond boost highlights QNB Group’s commitment to supporting eco-friendly projects and advancing sustainability initiatives.
In addition, QNB Group integrates sustainability across its operations, ensuring every business decision benefits society. By offering this green bond, the bank strengthens its portfolio of projects that meet strict environmental standards. Consequently, investors welcomed this initiative, resulting in strong demand that exceeded expectations. In fact, orders reached 2.5 times the bond’s value, further proving the QNB green bond boost attracted global attention.
Furthermore, the bond pricing tightened significantly as investor interest surged. QNB Group finalized the yield at 3.00% per year, with a spread of 75 basis points over mid swaps. Initially, the bank had set the price at 100–105 basis points, demonstrating how demand influenced the final terms. As a result, this development shows how a QNB green bond boost can attract substantial international interest.
Additionally, investors from Europe and Asia participated actively in the issuance. QNB Group aims to diversify its funding sources by geography and currency. Therefore, the broad investor interest illustrates the effectiveness of this strategy. Notably, dedicated green investors, focused on sustainable assets, received 56% of the bond allocation. This allocation further reinforces the bank’s sustainable finance vision and strengthens the QNB green bond boost.
Moreover, QNB Group plans to use the green bond proceeds to finance or refinance projects qualifying under its Sustainable Finance and Product Framework. Eligible projects include renewable energy, energy efficiency, clean transportation, and other environmentally friendly initiatives. Thus, this approach ensures the QNB green bond boostdirectly supports positive environmental outcomes.
The bond issuance relied on a syndicate of Joint Lead Managers and Bookrunners, including Barclays, Crédit Agricole CIB, HSBC, QNB Capital, and Santander. Their expertise ensured smooth execution and attracted a wide pool of global investors. In addition, QNB Group, already a leader in the Middle East and Africa, reinforced its reputation through this high-profile sustainable finance effort.
Operating in over 28 countries, QNB Group provides tailored banking products and services supported by innovation. More than 31,000 professionals work globally to deliver banking excellence. Consequently, this QNB green bond boost demonstrates the bank’s dedication to both international growth and environmental responsibility.
Finally, QNB Group emphasizes sustainable finance as a key pillar for long-term success. By offering bonds focused on environmentally friendly projects, the bank strengthens its position as a regional leader in responsible finance. Therefore, the QNB green bond boost proves that sustainability and profitability can grow hand in hand.
