| 08.07.2011 - Qatar Natl Bank posts 29pct jump in Q2 profit |
| Qatar National Bank , the Gulf Arab state’s largest lender, posted a 29-percent jump in quarterly profit on Wednesday buoyed by increased lending and customer deposits. QNB is 50-percent owned by sovereign wealth fund Qatar Investment Authority. The bank had second-quarter net profit of 1.8 billion riyals ($494.3 million), according to Reuters calculations, compared to 1.4 billion riyals in the same period last year..............................................Full Article: Source |