Last year was another good one for Qatar National Bank: it reported net profit of QR14.4 billion ($3.96 billion) in 2019, up 4% year on year, with total assets, deposits and loans all increasing 10% over the same period. In the first quarter of 2020, QNB reported a net profit of QR3.57 billion, despite raising loan loss provisions due to coronavirus.
September 21, 2020