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FinancialNews


  • 25-07-19

    10.2 percent boost in Doha Bank net profit

    (MENAFN) Leading Qatari commercial bank Doha Bank was revealed to have achieved a 10.2 percent surge in its net profit from January to June 2019, standing at QR519 million on annual basis.

    Total assets of Doha Bank also recorded a 13.1 percent surge during the first half to reach QR11.6 billion compared to last year's QR89.2 billion.

    Meanwhile, a 5.1 percent boost was posted in the bank's net loans and advances during the six-month period to hit QR60.9 billion.

    Doha Bank also managed to witness a 7.2 percent raise in its customer deposits while increasing by 27.7 percent in its total financial investment portfolio.

    MENAFN2507201900450000ID1098801817

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