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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar National Bank Q1 profit jumps 25 pct

Posted on 07 April 2010

From Reuters: Qatar National Bank (QNB) posted a 25 percent jump in first quarter profit as lending surged and returns from its push into Islamic banking more than doubled, the bank said on Tuesday.

Net profit in the three months to March 31 rose to 1.27 billion riyals, compared to 1 billion riyals in first quarter in 2009, the bank said in a statement……………………………………….Full Article: Source

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