Thu, Dec 18, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar Islamic Bank 2Q 2010 net profit -35pct on provisions

Posted on 16 July 2010

From Zawya Dow Jones: Qatar Islamic Bank or QIB , the Gulf Arab state’s second-largest lender by market value, posted a 35% drop in second-quarter net profit and missed analyst forecasts as it booked 71.81 million Qatari riyals ($19.72 million) of provisions.
The company, in an emailed statement earlier Wednesday, said profit fell to 300.9 million Qatari riyals ($82.61 million) in the three month period, from QAR462.4 million a year ago……………………………………….Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
293031