DOHA, July 12 — Qatar National Bank, the largest lender in the Middle East, said today its net profits for the second quarter sank over the impact of the coronavirus pandemic. QNB net profit in the second quarter plunged 25.8 per cent to 2.84 billion riyals (RM3.3 billion) compared to US$1.05...
Men withdraw cash from an ATM outside Qatar National Bank in Doha June 11, 2017. — Reuters pic
QNB net profit in the second quarter plunged 25.8 per cent to 2.84 billion riyals compared to US$1.05 billion in the same period a year ago, the bank said in a statement. Its net income in the first six months of the year also dipped 13.6 per cent to US$1.76 billion from US$2.04 billion a year ago, it said.
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