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Qatari lenders reported over $4.38bn in net profits
- Qatar: Wednesday, February 06 - 2013 at 05:40
Qatari banks have reported a combined net profit of over QR16bn ($4.38bn) in 2012, up from QR14.98bn ($4.1bn) in 2011, the Peninsula has reported. The Gulf country's largest lender, Qatar National Bank (QNB), maintained its lead with net profits amounting to QR8.33bn, accounting for half the profits of the entire sector put together. Commercial Bank of Qatar followed with QR2.01bn in net profits.
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