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CBQ reports 7.3% rise in net profits

  • Qatar: Monday, April 22 - 2013 at 07:35

The Commercial Bank of Qatar (CBQ) has reported a 7.3% rise in net profits in the first quarter of 2012 to QR506m from QR471m the lender earned a year earlier, the Peninsula has reported. Total assets grew 22% to QR85.6bn, while net operating income increased by 11% to QR753m for the first quarter of 2013, up from QR680m achieved for the quarter ended March 31, 2012.

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