QIIB net profit rises over QR1bn with 7% growth in 2021 – The Peninsula Qatar

QIIB net profit rises over QR1bn with 7% growth in 2021 – The Peninsula Qatar

Doha: Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, Chairman of QIIB’s Board of Directors, released QIIB’s financial statements for the financial year 2021, which display steady and continuous growth, and demonstrate its remarkable ability to successfully overcome challenges and difficulties that were endured throughout 2021. 

QIIB reached a net profit of QR1.003bn, which represents an overall growth of 7 percent compared to the previous year, with earnings per share at QR0.59. QIIB’s Board of Directors proposed a cash dividend distribution to shareholders of QR0.375 per share (37.5 percent of the nominal share value), subject to the approval of QIIB’s 2021 financial statements by the Qatar Central Bank and bank’s AGM.