Doha Bank achieves nine-month profit of QR933mn ...Qatar

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Doha Bank achieves nine-month profit of QR933mn
source : Gulf Times ( Qatar ) () 33
Doha Bank’s net profit in the first nine months of 2022 stood at QR933mn, a 4.6% year-on-year increase from QR892mn, the bank’s chairman, Sheikh Fahad bin Mohamed bin Jabor al-Thani announced Monday. He said during the nine-month period ended September 30, net commission income grew significantly to QR273mn over QR222mn in the same period last year, recording a growth of 22.8%. Net interest income reached QR1.8bn and the net operating income stood at QR2.3bn. Sheikh Fahad said the bank’s net interest income improved by 0.7% and net operating income improved by 3.9% quarter-on-quarter (Q3 2022 vs Q2 2022), adding that Doha Bank made significant progress in improving cost management and

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