ACHIEVES 5% PROFIT GROWTH
Doha Bank has registered a growth of 5% by earning a net profit of QR 1.13 billion in Q3 of 2014 compared with QR1.07 billion for the same period in 2013. The bank also increased its net operating income by 14% to reach QR2.2 billion while the total assets increased to QR70.3 billion during the first nine months of this year compared with QR63 billion during the same period last year. Net loans and advances increased to QR44.6 billion from QR38.9 billion for the same period last year, registering a growth of 15%. Deposits showed a year on year increase of 10% from QR40.1 billion to QR44 billion during the third quarter of 2014.