Sheikh Faisal bin AbdulAziz Al Thani Chairman and Managing Director
Doha: Ahlibank has reported a net profit of QR359.3m for the first six months of this year ended June 31, 2019 (H1 2019), registering an increase of 1.7 percent or QR6m, over the same period last year (H1, 2018).
Commenting on the results, Sheikh Faisal bin AbdulAziz Al Thani, Chairman and Managing Director of Ahlibank said: “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 capitalized and has a strong liquidity position. These results highlight the Bank’s ability to deliver long-term sustainable results for our shareholders”. The Bank continues to enjoy favorable ratings from the top international credit rating agencies.”
The Chairman added: “I would like to thank everyone who has contributed to these good results. I also extend my thanks to Qatar Central Bank for their leadership, guidance and continuous support.”
