Doha Bank posts 6.1pc Q4 profit rise

Doha Bank, Qatar's fourth-largest lender by assets, reported a 6.1 percent increase in fourth-quarter net profit on Sunday, according to Reuters calculations, falling short of analyst expectations.
The bank earned a net profit of 232 million riyals ($63.7 million) in the three months to December 31 compared with 218.7 million riyals in the same period of the previous year. Reuters calculated the increase in quarterly profit as the bank only gave full-year results for 2015, without a quarterly breakdown.
Four analysts polled by Reuters had forecast on average the bank would make a quarterly net profit of 258.7 million riyals.