DOHA: Commercial Bank of Qatar (CBQ) and its subsidiaries have posted a net profit of QR589m ($161.75m) for the second quarter (Q2) period ended June 30, an increase by 17.3 percent compared to the same quarter in 2014.
The bank reports a net profit of QR1.052bn for the first half (H1) of 2015 compared to QR1.051bn for the same period in 2014.
Its net operating income rose four percent to QR2.075bn while total assets were up six percent to QR119.1bn. Customer loans and advances rose 4.6 percent to QR72.6bn, customer deposits rose 7 percent to QR64.1bn and earnings per share of QR2.95.
The Peninsula
