The lender would hold its ordinary and extraordinary general assembly meeting on Jan. 31. In the absence of quorum, another meeting would be held on Feb. 3, it said in a bourse statement.
Among the items to be discussed would be granting the bank permission to issue bonds which could either enhance its core Tier 1 capital or its supplementary Tier 2 capital, The statement added details such as size and pricing would be determined by the board at a later date.
QNB said last week its board had approved issuing the Basel III-compliant bonds to maintain its reserves above regulatory minimums and support future growth.