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Commercial Bank Qatar Q4 net rises

Commercial Bank of Qatar reported a 33 percent rise in fourth quarter net profit, despite taking a 170 million riyal hit related to a corporate default, which the lender intends to recover. Qatar’s third-largest bank by market value posted a net profit of 186 million riyals in the fourth quarter from 140 million riyals in […]

Commercialbank of Qatar, the largest private sector bank in Qatar, today announces its participation in the Government of Qatar’s proposal announced on 8 March 2009 in which the Government offered to buy part, or all, of the Qatar DSM equity investment portfolios of eight local banks. Commercialbank has decided to take up the Government’s offer […]