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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar National Bank Q1 net profit jumps 35pct

Posted on 08 April 2011

Qatar National Bank (QNB), the Gulf state’s largest lender by market value, posted a 34.8 percent rise in first-quarter net profit on Wednesday boosted by strong loan growth and a jump in interest income.
Net profit in the three months to March 31 rose to QR1.7bn ($467.3m), the company said in a statement, compared with QR1.27bn in the prior year period……………………………………..Full Article: Source

 
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