Monday 23 April 2018

Doha Bank posts 5% rise in Q1 profit to QR381mn

Doha Bank posts 5% rise in Q1 profit to QR381mn:

"Doha Bank has reported about 5% year-on-year growth in net profit to QR381mn in the first three months of this year. “This is another outstanding result and is clear demonstration that Doha Bank continues to perform consistently,” said its chairman Sheikh Fahad bin Mohamad bin Jabor al-Thani. The bank’s net interest income grew about 8% to QR560mn. Total assets witnessed more than 3% expansion to QR93.6bn with net loans and advances increasing about 1% to QR59.9bn."



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