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