April 11, 2017 / 11:02 AM / in 7 months

Qatar National Bank Q1 net profit up 12 pct

DUBAI, April 11 (Reuters) - Qatar National Bank (QNB), the Gulf’s largest lender, reported a 12 percent increase in first-quarter net profit, according to a statement on Tuesday.

The bank reported a net profit of 3.2 billion riyals ($879.2 million) in the three months to March 31, without providing a year earlier figure. The bank previously reported a net profit of about 2.9 billion riyals in the corresponding period of 2016.

Arqaam Capital analysts forecast QNB would make a quarterly net profit of 3.0 billion riyals. ($1 = 3.6397 Qatar riyals) (Reporting By Tom Arnold)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below