Brief: Qatar's Commercial Bank FY Profit Rises

The Commercial Bank (P.S.Q.C.)

24/01/2024 13:51

Jan 24 (Reuters) - COMMERCIAL BANK  COMB.QA :
    * FY NET PROFIT 3.01 BILLION RIYALS, UP BY 7.1%
    * BOARD PROPOSED CASH DIVIDEND OF 25% FOR 2023
    * FY NET INTEREST INCOME 3.87 BILLION RIYALS, DOWN BY 2.4%
    * AS AT END-DEC, CUSTOMER DEPOSITS 76.5 BILLION RIYALS, DOWN
BY 8%
YEAR-ON-YEAR
    * AS AT END-DEC, CUSTOMER LOANS AND ADVANCES 91.5 BILLION
RIYALS,
DOWN BY 6.7% YEAR-ON-YEAR

Source text for Eikon:  ID: 
Further company coverage:  COMB.QA 

 ((Reuters.Briefs@thomsonreuters.com;))