Financial Results
Retail Banking
Uncategorized
Qatar First Bank records net loss for FY2016
Despite the write-down of the investment book, the bank’s total assets did not decline and closed at almost QAR 6 billion, mainly driven by the increase from financing assets. Moreover, the investment portfolio continued to generate healthy dividends (QAR 13 million). Additionally, financing assets increased by 33 per cent, and…
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