| 10.01.2012 - Qatar's largest lender posts 40pct rise in Q4 profit |
| 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. It is 50 percent owned by sovereign wealth fund Qatar Investment Authority. The bank's fourth-quarter net profit rose to QR2.1bn ($576.6m), according to Reuters calculations, from QR1.5bn a year earlier...........................................Full Article: Source |