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IBQ profit goes 56% up

  • Qatar: Monday, March 17 - 2008 at 10:26

The International Bank of Qatar announced its net profit has increased to QR234m, a 56% growth over 2006. Non-interest income jumped from QR35.7m to QR71.5m, a 100% increase. Growth was attributed to 74% increase in the loan book to QR6.5bn, while customer deposits hiked by 42%.

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