April 17, 2018 / 12:59 PM / 6 days ago

BRIEF-Qatar's Commercial Bank Q1 Profit Rises

April 17 (Reuters) - COMMERCIAL BANK:

* Q1 NET PROFIT 405 MILLION RIYALS VERSUS 91 MILLION RIYALS YEAR AGO

* Q1 NET INTEREST INCOME 659 MILLION RIYALS VERSUS 599 MILLION RIYALS YEAR AGO

* AS AT END-MARCH, CUSTOMER LOANS AND ADVANCES 92.7 BILLION RIYALS, UP BY 13 PERCENT YEAR-ON-YEAR

* AS AT END-MARCH, CUSTOMER DEPOSITS 79.3 BILLION RIYALS, UP BY 10.3 PERCENT YEAR-ON-YEAR

* TOTAL OPERATING EXPENSES DOWN 12.4 PERCENT TO 311 MILLION RIYALS FOR QUARTER ENDED 31 MARCH 2018 Source: (bit.ly/2HsW7BE) Further company coverage:

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