Dukhan Bank has reported a 47% year-on-year jump in net profit to QR392mn in the first quarter (Q1) of this year. During the three months, the bank's total assets exceeded QR108bn and the total financing assets rose to QR75bn, while customer deposits reached QR72bn. Total income increased by more than 12% year-on-year to QR1.1bn. The lender's cost-to-income ratio decreased to 23.7% from 26.2% during the same period last year, due to income growth and reduction in costs, which led to higher operational efficiency. Total shareholders’ equity exceeded QR14bn, and the capital adequacy ratio stands at 18.3% in accordance with the Basel III requirements, higher than minimum supervisory ratio as
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