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QNB Group said in a statement that it successfully completed its second QAR-denominated Shogun bond issuance, raising 750 million riyals from a diverse base of Japanese investors. The three-year instrument represents the largest such issuance to date in the Qatari currency, coming after an inaugural transaction in the first quarter of 2025 that raised 500 million riyals. The bank mandated Sumitomo Mitsui Banking Corporation as arranger for the deal, which was announced via the Qatar Stock Exchange website.
According to the group’s announcement, the latest issuance forms an important additional step in its strategy aimed at diversifying sources of funding while expanding its reach among Japanese market participants. The transaction builds directly on the foundation laid by the first Shogun bond, demonstrating continued momentum in accessing this investor pool. QNB Group noted that the strong response from Japanese buyers underscores confidence in its overall financial position and credit strength.
The statement from QNB Group detailed how the second issuance reflects its ongoing focus on tapping new markets for stable, long-term funding. Sumitomo Mitsui Banking Corporation played a central role in structuring and placing the bond with the target investor base. This approach has allowed the bank to broaden its funding base beyond traditional channels in a measured way.
QNB Group maintains a significant presence across 28 countries in Asia, Europe and Africa while employing more than 31,000 professionals, according to its corporate disclosures. The lender has pursued multiple innovative funding transactions throughout 2026, including a QAR 1 billion local bond earlier in the year and coordination of a sovereign dual-tranche issuance. These activities support its position as one of the leading financial institutions in the Middle East and Africa.
Data from recent comparable deals show that QNB has attracted substantial demand across both local and international debt capital markets this year. Its latest Shogun bond adds to a pattern of transactions that optimize the balance sheet while reinforcing liquidity management. The focus on Japanese investors via this structure aligns with broader regional efforts to cultivate non-traditional funding relationships.
In early October 2026, QNB Group arranged a $2.5 billion syndicated loan that drew commitments exceeding twice the target amount from 25 banks, including strong participation from Asian institutions. Such operations complement its bond issuance activity by providing diversified tenors and currencies. The bank continues to leverage its regional leadership to access varied investor bases across multiple continents.
