UPDATE 1-Qatar's CBQ posts third straight quarterly profit dip on provisions | Reuters:
"DUBAI, Feb 10 (Reuters) - Commercial Bank of Qatar , the Gulf Arab state's second-largest lender by assets, reported a third successive quarterly decline in net profit on Monday as higher provisions for bad loans once again hurt its earnings.
The bank made a net profit of 300 million riyals ($82.4 million) for the final three months of the year, a drop of 32.9 percent compared with 447.3 million riyals a year earlier, it said in a statement.
Five analysts polled by Reuters had, on average, expected a 5.6 percent decline in quarterly profit to 422.3 million riyals."
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