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Barwa Bank posts 28% jump in Q1 profit

: Thursday, July 03 - 2014 @ 02:31

Qatari lender, Barwa Bank has reported a 28% jump in its net profits in the first quarter of 2014 to QR201m, compared with QR157m in the same quarter a year ago, the Peninsula has reported. Total assets grew by 15% year-on-year to QR32.7bn, while customer deposits climbed 27% to reach QR 22.7bn. Earnings-per-share improved from 52 dirhams in the first quarter of 2013 to 66 dirhams, the bank said.

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Thursday, July 3- 2014 @ 2:31 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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