VOL. XLV

No 32

12-August-2002

QATAR

QNB Sees 17% Climb In Profit For First Half

Qatar National Bank, which accounts for about 65% of the net profits forthe countrys six national banks, announced on 25 July that profit climbed 17%to QR302.1mn ($83mn) in the first half of this year from the QR258.7mn($71.1mn) reported in the same period last year. Interim earnings per shareclimbed to QR2.9 ($0.80) up from QR2.5 ($0.69) in the first half of 2001.Customer deposits rose to QR24.9bn ($6.84bn) from...