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Finansbank acquisition helps lift quarterly profits at Qatar National Bank
The Gulf's largest lender, Qatar National Bank, reported a 16 percent rise in second-quarter net profit on Tuesday, broadly in line with analysts' forecasts and helped by its purchase of Turkey's Finansbank. QNB, which is 50 percent owned by sovereign wealth fund Qatar Investment Authority, completed its 2.7 billion euro…
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Click here to read the full story: Reuters