QNB posts QR13.2bn net profit for 2021 – The Peninsula Qatar

  • Date: 12-Jan-2022
  • Source: The Peninsula Qatar
  • Sector:Financial Markets
  • Country:Qatar
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QNB posts QR13.2bn net profit for 2021 – The Peninsula Qatar

Doha: QNB, the largest financial institution in the Middle East and Africa (MEA) region, yesterday announced net profit of QR13.2bn ($3.6bn) for the year ended December 31, 2021, an increase of 10 percent compared to last year.

Operating income increased by 11 percent to QR28.3bn ($7.8bn) driven by strong growth in top line performance. This reflects QNB Group’s success in maintaining sustainable and strong growth across a number of revenue segments.