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Qatar National Bank Q3 profit falls 7.5%
- Qatar: Thursday, October 08 - 2009 at 09:05
Qatar's largest lender, Qatar National Bank, has reported a 7.5% decline in third-quarter profit on increased provisions for non-performing loans, Bloomberg has reported. Net income declined to QR1.06bn ($290m) from QR1.15bn a year earlier, QNB said. Provisions for non-performing loans rose to QR104.8m from QR10.9m a year earlier.
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StaffThursday, October 08 - 2009 at 09:05 UAE local time (GMT+4)
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