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Tribune news network
Doha
Ahlibank has reported a net profit of QR359.3 million for the first half (H1) of the year ended June 30, 2019, an increase of 1.7 percent or QR 6 million over the same period of 2018, the bank announced in a statement on Wednesday.
Chairman and Managing Director of Ahlibank Sheikh Faisal bin AbdulAziz bin Jassem al Thani said in a statement, “We are pleased with our performance in the first half, particularly the momentum we saw in overall business growth and deposit growth in particular. The bank is well capitalised and has a strong liquidity position.
“These results highlight the bank’s ability to deliver long-term sustainable results for our shareholders”.
Ahlibank continues to enjoy favorable ratings from the top international credit rating agencies, he said.
Doha
Ahlibank has reported a net profit of QR359.3 million for the first half (H1) of the year ended June 30, 2019, an increase of 1.7 percent or QR 6 million over the same period of 2018, the bank announced in a statement on Wednesday.
Chairman and Managing Director of Ahlibank Sheikh Faisal bin AbdulAziz bin Jassem al Thani said in a statement, “We are pleased with our performance in the first half, particularly the momentum we saw in overall business growth and deposit growth in particular. The bank is well capitalised and has a strong liquidity position.
“These results highlight the bank’s ability to deliver long-term sustainable results for our shareholders”.
Ahlibank continues to enjoy favorable ratings from the top international credit rating agencies, he said.
