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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar National Bank Q4 profit jumps 40 pct

Posted on 10 January 2012

Qatar National Bank (QNB), the Gulf Arab state’s largest lender, reported a 40 percent jump in quarterly profit on Monday on increased lending and a surge in deposits.

The bank’s fourth-quarter net profit rose to 2.1 billion riyals ($576.6 million), according to Reuters calculations, from 1.5 billion riyals a year earlier…………………………………….Full Article: Source

 
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