Masraf Al Rayan posts half-yearly net profit of QR1.03bn ...Qatar

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Masraf Al Rayan Chairman HE Sheikh Mohamed bin Hamad bin Qassim al-Thani: "We continue to focus on building a strong and diversified business that delivers long term value for shareholders and other stakeholders" Masraf Al Rayan posted a half yearly net profit of QR1.03bn, the bank announced Thursday. Masraf Al Rayan’s total income reached QR3.27bn, up 29% on H1, 2021, while net financing assets closed at QR119bn, growing 30% year on year. Masraf Al Rayan’s total assets stood at QR169bn, up 35% on the same period last year. Deposits closed at QR97bn, an increase of 28% year on year, Masraf Al Rayan said. The bank’s Capital Adequacy ratio stood at 20% in the first half of the

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Last updated : 21 July 2022 clock 07:40 PM

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Masraf Al Rayan posts half-yearly net profit of QR1.03bn ...Qatar

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