Dukhan Bank H1 net profit jumps 27% to QR745mn ...Qatar

News by : (Gulf Times) -
Dukhan Bank recorded a net profit of QR745mn in the first half of 2022, representing a 27% increase compared to QR586mn posted in the same period last year. The total income for the first six months of 2022 increased to QR2.1bn, resulting in a growth rate of 8% as compared to QR1.9bn during the same period in 2021. Considering strong income growth coupled with efficient cost management, more operational efficiency was achieved through reduction in cost-to-income ratio, which decreased to 25.1% in the first half of 2022 from 26.3% recorded in the same period last year. Dukhan Bank’s total assets reached QR104bn in the first half of 2022 and customer financing assets stood at QR74bn in the f

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