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Islamic Finance Briefing - Categorized | Banking, Performance more

QNB posts 15pct rise in profits

Posted on 14 January 2010

From Thepeninsulaqatar.com: Qatar National bank (QNB) posted net profit of over QR 4.2bn for the year ended 2009, showing a 15 percent increase over the figures of 2008, despite the global economic downturn.

Total Assets increased by 18 percent to QR179.3bn, while customer deposits and unrestricted investment accounts increased by 20.7 percent to QR125.9bn…………………………………..Full Article: Source

 
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