Monday, 8 April 2024

Gulf biggest lender QNB posts 7% rise in first-quarter net profit | Reuters

Gulf biggest lender QNB posts 7% rise in first-quarter net profit | Reuters

Qatar National Bank (QNB) (QNBK.QA), opens new tab reported a 7% rise in first-quarter net profit, the Gulf's biggest bank by assets said in a statement on Monday.

Net profit attributable to QNB's equity holders came in at 4.1 billion Qatari riyals ($1.12 billion), up from 3.9 billion riyals a year earlier and in line with analysts' expectations, LSEG data showed.

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