August 20, 2017 / 12:39 PM / in 7 days

Qatar National Bank Q3 profit up 7 pct -Reuters calculations

DUBAI, Oct 11 (Reuters) - Qatar National Bank (QNB), the Gulf’s largest lender, on Wednesday reported a 7 percent increase in third-quarter net profit, Reuters calculations showed.

The bank reported a net profit of 3.65 billion riyals ($1 billion) for the three months to Sept. 30, Reuters calculated in the absence of a quarterly breakdown.

That topped EFG Hermes’ forecast of 3.46 billion riyals and a SICO Bahrain forecast of 3.51 billion.

For the first nine months of the year the bank reported a net profit of 10.3 billion riyals, up 6 percent.

$1 = 3.6415 Qatar riyals Reporting by Tom Arnold; editing by Jason Neely

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