Business & Finance

Qatar National Bank Q4 net profit rises 5.2pc

Published January 16, 2018 Updated January 16, 2018 11:41am

The bank made a net profit of 2.85 billion riyals ($783 million) in the three months to Dec. 31, compared with 2.71 billion riyals in the corresponding period of 2016, Reuters calculated in the absence of a quarterly breakdown.

QNB said it made an annual profit of 13.1 billion riyals, up 6 percent from a year earlier.

SICO Bahrain forecast the bank would make a net profit of 3.54 billion riyals, while EFG Hermes expected a net profit of 3.30 billion riyals.

 

Copyright Reuters, 2018