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QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%
The Qatar Financial Centre (QFC)-based corporate banks’ net profits saw nine-fold year-on-year jump and total assets grew 34%; and their stable deposits rose markedly in 2019, according to the country's banking regulator. "The QFC corporate banks recorded QR241mn in profit in 2019, up from QR27mn in 2018, as credit losses…
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Click here to read the full story: Gulftimes