Qatar’s QIB reports 2.2% rise in Q3 net profit
DUBAI: Qatar International Islamic Bank , the Gulf state’s third-largest listed Islamic bank by assets, reported a 2.2 percent rise in third-quarter net profit yesterday, according to Reuters calculations. Net profit of 223.3 million riyals ($61.3 million) in the three months ending Sept. 30, versus 218.4 million riyals a year earlier. Reuters calculated based on financial statements in lieu of a quarterly breakdown. QNB Financial Services forecast: 221.8 million riyals. QIIB’s nine-month net profit 666.4 million riyals, up from 656.5 million riyals a year ago, a bourse statement said.