- QNB Group's Hong Kong branch acted as a Mandated Lead Arranger, Bookrunner, Underwriter, and Green Loan Coordinator for a **HKD30 billion** syndicated green term loan facility for MTR Corporation.  **[750558_c25d7c35c91f4b26ad035f4b876c2826_0]** 
- Finalized in **September 2025**, this facility is the **largest unsecured international syndicated green term loan** (excluding project finance) in Asia, the Middle East, and North Africa by a Hong Kong corporation with a tenor of 7 years or longer.  **[750558_c25d7c35c91f4b26ad035f4b876c2826_0]** 
- The loan, which attracted **HKD120 billion** in demand before closing at **HKD30 billion**, will finance and refinance eligible green projects as outlined in MTR's Sustainable Finance Framework.  **[750558_c25d7c35c91f4b26ad035f4b876c2826_0]** 
- This transaction follows an MoU signed in May 2025 between QNB Group and MTR, aligning with QNB's strategy to expand its presence in Hong Kong and the Greater China region.  **[750558_c25d7c35c91f4b26ad035f4b876c2826_0]**

QNB Group's Hong Kong Branch Secures HKD30 Billion Green Loan for MTR Corporation

- **QNB Corp.** announced a definitive agreement on September 23, 2025, to acquire **The Victory Bancorp, Inc.** in an all-stock transaction valued at approximately **$40.97 million**.  **[750558_0001193125-25-213318_qnbc-ex99_3.htm:0]** 
- Under the terms of the agreement, Victory shareholders will receive **0.5500 shares of QNB common stock** for each share of Victory common stock they own.  **[750558_0001193125-25-213318_qnbc-ex99_3.htm:0]** **[750558_0001193125-25-213318_qnbc-20250923.htm:1]** **[750558_0001193125-25-213318_qnbc-ex2_1.htm:12]** 
- The merger is projected to create a bank holding company with nearly **$2.4 billion in assets** and is expected to be approximately **16% accretive to QNB’s 2026 estimated EPS** and over **35% accretive to Victory’s 2026 projected EPS**.  **[750558_0001193125-25-213318_qnbc-ex99_3.htm:0]** 
- The transaction is anticipated to close in the **fourth quarter of 2025 or the first quarter of 2026**, pending satisfaction of shareholder and regulatory approvals.  **[750558_0001193125-25-213318_qnbc-20250923.htm:3]**

QNB (QNBC)