10.02.2011 - Al khaliji posts record net profit of $117.2 mln for 2010
From Cpifinancial.net: Al Khalij Commercial Bank (al khaliji) released its 2010 end-of-year financial results today, showing an increase in net profit, which reached QAR 427 million ($117.2), up 155 per cent from QAR 167 million ($45.8 million) in 2009. Net interest income of QAR 463 million ($127.1 million) was QAR 184 million ($50.2 million), or 66 per cent, higher than in 2009. At the same time the net interest margin increased to 3.3 per cent as of 31 December 2010, compared to 2.7 per cent at end 2009..............................................Full Article: Source
Print