Regulation, Risk & Compliance
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Qatar First Bank successfully exits CMRC Limited for $31.5
Qatar First Bank has announced its “successful exit” of its $31.5mn investment in CMRC Limited, one of its private equity investments in the Middle East. With the successful exit the bank achieved a net IRR (internal rate of return) of 19%. In 2015, QFB acquired an adjusted stake of 13.5%…
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Click here to read the full story: Gulf Times