by Amruth Sundarkumar | Oct 11, 2022 | Banks
Qatar National Bank (QNB) reported that its 9M net profits ending September after accounting for hyperinflation, stood at QAR 11bn ($3bn), up 7% YoY. Its Q3 net profit of QAR 4bn ($1.1bn) beat estimates of QAR 3.83bn ($1.05bn). The bank’s operating income rose...
by Amruth Sundarkumar | Jul 12, 2021 | Investment Grade Bonds
Qatar National Bank (QNB) reported a 22.7% YoY jump in its Q2 net profits to QAR 3.46bn ($939mn). The H1 net profits were up 6% YoY to QAR 6.8bn ($1.9bn). Profits were helped by loans and advances growing 6% to QAR 747mn ($205bn) and fee income rising 20% to QAR 806mn...
