Qatar National Bank , the Gulf Arab state's largest lender, posted a 29-percent jump in quarterly profit on Wednesday buoyed by increased lending and customer deposits.
The bank had second-quarter net profit of 1.8 billion riyals ($494.3 million), according to Reuters calculations, compared to 1.4 billion riyals in the same period last year.
QNB reported first-half profit of 3.5 billion riyals in a statement. Reuters calculated the quarterly results based on figures previously given by the bank.
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