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CBQ posts lower Q3 net profit down slightly
- Qatar: Tuesday, October 23 - 2012 at 00:50
Commercial Bank of Qatar (CBQ) has said its third-quarter net income slightly fell, as gains from financial investments offset a drop in fee and commission income, Reuters has reported. The country's third-largest lender by market value earned QR548m ($150.5m) for the quarter, compared with QR552m a year earlier. The lender's nine-month net profit rose 4% to QR1.57bn.
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