Commercial Bank of Qatar earned a net profit of QR1.458 billion ($389 million) in the year ending Dec. 31, against a profit of QR1.94 billion a year ago, the bank said in a statement.
CBQ, which also owns Alternatifbank in Turkey
Commercial Bank of Qatar (CBQ), the country's second-largest lender by assets, posted a 29 per cent increase in fourth-quarter net profit on Monday, falling short of analyst forecasts.
The bank earned a net profit of QR387 mil
Commercial Bank of Qatar (CBQ) and Doha Bank may need to increase their capital next year by $412 million each to abide by expected central bank regulations, US investment bank Morgan Stanley said in a report.
While Qatari banks h
Commercial Bank of Qatar (CBQ) posted an 8.5 per cent increase in first-quarter profit on higher lending growth.
The bank earned a net profit of 548 million riyals ($150.5 million) for the first three months of 2014, compared with
Commercial Bank of Qatar is open to tie-ups with local financial institutions and could sell bonds next year to fund infrastructure lending in the Gulf Arab state, its recently appointed chief executive was quoted as saying.
Commercial Bank of Qatar (CBQ), the Gulf Arab state's second-largest lender by assets, said on Thursday it had completed the purchase of a 70.84 percent stake in Turkey's Alternatifbank.
The transaction has received the as
Commercial Bank of Qatar (CBQ), which is buying a majority stake in Turkey's Alternatifbank, posted a 7 per cent increase in first-quarter net profit on Wednesday, beating analysts' expectations.
Net profit in the three mo
Commercial Bank Of Qatar (CBQ), which is buying a majority stake in Turkish lender Alternatifbank, has picked two banks for a potential bond sale to boost its core capital, sources said.
The sale of a capital-boosting bond, a rare
Commercial Bank of Qatar (CBQ), the country's third-largest bank by market value, said it expects to complete the purchase of a 75 per cent stake in Turkey's Alternatifbank by the end of March.
The Qatari lender began talk
Commercial Bank of Qatar (CBQ) surpassed analysts' expectations for the third-quarter despite reporting a slight dip in net profit as gains from financial investments offset a drop in fee and commission income.