Doha Bank Q2 beats forecast but bad loans rise | Reuters

Qatar-based Doha Bank (DOBK.QA) posted a second-quarter net profit of 299.7 million riyals, a 5.4 percent drop from the year-earlier period but ahead of analysts' expectations.

Analysts polled by Reuters had expected Qatar's fifth-largest bank to post an average of 274.7 million riyals for the second quarter. [ID:nLDE66605M]

Total non-performing loans as at June 30, 2010 rose to 1.04 billion riyals from 851 million at the end of Dec. 31, 2009.