JPM resumes selling Qatari MTNs as diplomatic stalemate drags on

By Francesca Young
13 Mar 2018

Qatar National Bank has printed two dim sum bonds through JP Morgan, a bank whose commitment to Qatari issuers has been under scrutiny since the Middle East diplomatic crisis erupted in June 2017.

Saudi Arabia and the UAE have put pressure on their domestic banks to disengage from Qatar since the start of the crisis. International firms, including banks, have had to consider whether they could still work with Qatari entities without imperilling their business elsewhere in the region. 

The actions ...

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