Cairo –Qatar National Bank Al Ahli (QNB Al Ahli) reported net profits of EGP 6 billion in the first nine months of 2021, up by 7% year-on-year (YoY) from EGP 5.6 billion, including minority shareholders' rights.

The net income from interest, fees, and commissions grew to EGP 12.71 billion in the January-September period, compared to EGP 12.37 billion in the corresponding period a year earlier, the bank said in a bourse disclosure on Sunday.

As for standalone business, QNB Al Ali logged net profits of EGP 5.69 million in the nine-month period ended 31 August, up from EGP 5.57 billion in the prior-year period.

In the first half (H1) of 2021, the bank recorded consolidated net profits of EGP 4.09 billion, compared to EGP 3.84 billion in H1-20, including minority shareholders' rights.

Source: Mubasher

All Rights Reserved - Mubasher Info © 2005 - 2021 Provided by SyndiGate Media Inc. (Syndigate.info).

Disclaimer: The content of this article is syndicated or provided to this website from an external third party provider. We are not responsible for, and do not control, such external websites, entities, applications or media publishers. The body of the text is provided on an “as is” and “as available” basis and has not been edited in any way. Neither we nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this article. Read our full disclaimer policy here.