Qatar First Bank achieves QR21mn net profit in Q1 ...Qatar

Qatar First Bank (QFB) posted a Q1 net profit attributable to shareholders of QR21mn, up 2.3% from the QR20.6mn reported in the same period of the previous year. The first quarter of 2022 witnessed a significant growth in fee income of 274% from QR2.3mn in the same period last year to QR8.6mn, dividend income amounting from QR0.9mn in the same period last year to QR10.1mn and sukuk income portfolio from QR2.6mn in the same period last year to QR4.3mn. Growth in the revenue is in line with the bank’s strategy. Furthermore, QFB managed to optimise its total expenses by 9.1%, reflecting the bank’s internal control on expenditure. Total assets for the three- month period that ended in March

Hence then, the article about qatar first bank achieves qr21mn net profit in q1 was published today ( Wednesday 27/04/2022 - 11:35 PM ) and is available on Gulf Times ( Qatar ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Qatar First Bank achieves QR21mn net profit in Q1 )

Also on site :

• Suspect in Mississippi synagogue fire laughed as he confessed to his dad, authorities say
• Fire crews and Hazmat teams responded to fire involving lithium ion batteries at Higuera Street facility
• No injuries reported after partial building collapse in the Bronx, officials say