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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar National Bank’s Q3 net profit rises 27pct

Posted on 06 October 2011

Qatar National Bank (QNB), the Gulf Arab state’s largest lender, reported a jump in quarterly profit on Wednesday, as it increased lending in Qatar’s booming economy.
The bank’s third-quarter net profit rose 27 percent to QR1.9bn ($521m), according to Reuters calculations. QNB reported a nine-month net profit of QR5.4bn for the period ended Sept 30. It did not provide figures for the third quarter……………………………………….Full Article: Source

 
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