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QNB posts Q1 profit at QR2.9bn; assets grow by 9.7%

QNB Group, the largest lender in the Middle East and Africa, has posted a net profit of QR2.9bn ($787m) for the first three months of 2016, marking a 7.1 percent increase compared to last year. The Group maintained an efficiency ratio (cost to income ratio) of 22.7 percent, which is…

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