April 14, 2015 / 7:00 AM / 5 years ago

Qatari banks, Southwest Securities plan Islamic finance venture in China

DOHA, April 14 (Reuters) - Two Qatari banks and Chinese brokerage Southwest Securities signed a memorandum of understanding to establish a company handling Islamic finance deals in China, Qatar’s central bank governor Sheikh Abdullah bin Saud al-Thani said on Tuesday.

The banks are Qatar National Bank and Qatar International Islamic Bank. No further details of the venture were immediately available. (Reporting by Amena Bakr; Writing by Andrew Torchia)

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