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Major Qatari bank posts 32pc profit growth in 2011

QNB Group, one of the leading financial institutions in the Middle East and North Africa, continued to record robust growth in profitability, with Net Profit for 2011 exceeding QR7.5 billion, up by 32% compared to 2010. In 2011, QNB Group completed the acquisition of a controlling stake of 70% in…

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