At a time when maintaining positive financial results has become a challenge for most banks, Doha Bank recorded more than 20 per cent increase in its net profit for the first quarter of 2009 compared to the corresponding period last year.
Chief Executive R Seetharaman attributes this to a "balanced approach". While he stresses a unified approach to tackling the global crisis, implementing the G20 decisions would play a key role in determining the future course of events, he told Emirates Business.
Measures taken by governments to deal with the crisis have been appropriate, he said.
No comments:
Post a Comment