16.10.2009 - Aggressive expansion brings higher profits for QIB
From Thepeninsulaqatar.com: Qatar Islamic bank (QIB), the world's fourth largest Islamic bank in terms of assets, posted a net profit of QR1.01bn for the nine months period ended September 30, 2009 compared to a net profit of QR1.2bn for the corresponding period last year, according to Qatar Exchange website. Meanwhile, the bank said in a statement yesterday that the excellent results have been achieved despite the global financial downturn thanks to an increase in its operational activities revenues and aggressive expansion of its non-operational revenues sources.........................Full Article: Source
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