January 16, 2018 / 12:24 PM / 3 months ago

BRIEF-Qatar's Masraf Al Rayan Reports FY Profit of 2.03 BLN Riyals

Reuters Staff

1 Min Read

Jan 16 (Reuters) - MASRAF AL RAYAN:

* FY NET PROFIT 2.03 BILLION RIYALS

* BOARD PROPOSES CASH DIVIDEND OF 2 RIYALS PER SHARE FOR YEAR 2017

* AS AT END-DECEMBER 2017, CUSTOMERS’ DEPOSITS AT 62.53 BILLION RIYALS , UP 7.8 PERCENT YEAR-OVER-YEAR

* AS OF END-DECEMBER, 2017, CAPITAL ADEQUACY RATIO REACHES 19.32 PERCENT USING BASEL-III AND QCB STANDARDS VERSUS 18.85 PERCENT ON DECEMBER 31, 2016 Further company coverage:

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