October 9, 2019 / 10:49 AM / 10 days ago

Qatar National Bank nine-month net profit rises 4% to 11.2 bln riyals

, Oct 9 (Reuters) - Qatar National Bank (QNB), the Gulf’s largest lender, reported a 4% increase in nine-month net profit to 11.2 billion riyals ($3.1 billion), it said in a statement on Wednesdsay, broadly in line with analyst estimates.

The bank reported a third-quarter net profit of 3.8 billion riyals in the three months to Sept 30 according to a Reuters calculation, up from 3.72 billion riyals in the corresponding period of 2018.

EFG Hermes forecasted a third-quarter net profit of 3.763 billion riyals, while SICO Bahrain estimated net profit of 3.9 billion riyals. (Reporting by Eric Knecht ; Editing by Saeed Azhar)

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