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Qatar’s Ahlibank posts 11.8% rise in H1 net profit

: Wednesday, July 16 - 2014 @ 00:20

Qatari lender, Ahlibank has reported an 11.8% jump in first-half net profits to QR302.7m, compared with QR270.7m in the same period in 2013, Gulf Times has reported. Loans and advances grew by 22.4% to QR19.4bn during the period, compared with QR15.8bn in the same period last year. The bank’s total assets stood at QR28.48bn in June this year, up 15.2% on the QR24.71bn recorded in the same period a year ago.

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Wednesday, July 16- 2014 @ 0:20 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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