April 16, 2018 / 11:55 AM / 4 months ago

BRIEF-Qatar's Masraf Al Rayan Q1 Profit Rises

April 16 (Reuters) - MASRAF AL RAYAN:

* Q1 NET PROFIT 531 MILLION RIYALS, UP 4.1 PERCENT YEAR-ON-YEAR

* AS OF END-MARCH 2018 CUSTOMER DEPOSITS REACHED TO 62.67 BILLION RIYALS

* AS OF END-MARCH, CAPITAL ADEQUACY RATIO, USING BASEL-III STANDARDS, REACHED 18.85 PERCENT VERSUS 19.46 PERCENT AS OF 31 MARCH 2017 Further company coverage:

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