QNB Group Profits Surge 7% in First 9 Months of 2022

QNB Group

The net profit of the Qatar National Bank (QNB) Group increased by 7 percent in the first nine months of 2022 to reach QR 11 billion, compared to QR 10.3 billion in the same period in 2021.

In a statement issued Monday, the bank said that earnings per share amounted to QR 1.1 on September 30, compared to earnings per share of QR 1.03 for the same period in 2021.

The QNB Group was established in 1964 and was listed on the Qatar Stock Exchange in 1997, with an authorized capital of QR 9.236 billion. The group employs 27,000 staff operating from approximately 1,000 locations.

(QNA)