| 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
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