Doha Bank Q.P.S.C. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
October 24, 2022 at 02:42 pm EDT
Share
Doha Bank Q.P.S.C. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported net interest income was QAR 600.36 million compared to QAR 666.26 million a year ago. Net income was QAR 267.93 million compared to QAR 277.46 million a year ago. Basic earnings per share from continuing operations was QAR 0.09 compared to QAR 0.09 a year ago.
For the nine months, net interest income was QAR 1,840.3 million compared to QAR 1,935.32 million a year ago. Net income was QAR 932.91 million compared to QAR 891.81 million a year ago. Basic earnings per share from continuing operations was QAR 0.3 compared to QAR 0.29 a year ago.
Doha Bank QPSC is a Qatar-based financial institution engaged in the banking sector. The Bank is organized into the following business segments: Corporate Banking, which provides a range of products and services to business and corporate customers, including funded and non funded credit, facilitates deposits to corporate customers, as well as undertakes funding and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid assets, such as short term placements and corporate and government debt securities; Retail Banking, which provides a range of products and services to individuals, including loans, credit cards, deposits and other transactions with retail customers, as well as Insurance Activities.