VOL. XXXVII
NO. 41
11-JULY-1994
Financial and Banking News
Bank Results
Provisioning Policy Pushes Qatar National Bank To Lower Profits
Qatar National Bank (QNB), which has a 50% share of the Qatar banking market,has reported a fall in net profits for 1993, although when "unusualitems" are taken out of the accounts, the bank is showing an increase inunderlying profitability. A 20% cash dividend has been declared, which is highby Gulf standards even though it is less than QNB has been accustomed to...
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