QIB Profit Grows by 13% to Reach QAR 555 Million for Three Month
Qatar Islamic Bank (QIB) has announced the results for the three months
Doha - QNA
Qatar Islamic Bank (QIB) has announced the results for the three months period ended 31 March 2017.
Net Profit attributable to the Shareholders of the Bank amounted to QAR 555 Million for the three months period ended 2017 representing a growth of 12.8% over the three months period ended 2016.
The Earnings per Share (EPS) per share amounted to QR 2.13 As of March 31, 2017 versus EPS per share QR 1.98 of the same period in 2016.
Total Shareholders’ Equity of the bank has reached QAR 13.7 Billion. Total Capital adequacy of the Bank under Basel III guidelines is 16.6% as of March 2017, higher than the minimum regulatory requirements prescribed by Qatar Central Bank and Basel Committee.
In April 2017, Fitch Ratings has affirmed QIB’s Long Term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook reflecting the Bank's established franchise in Qatar, its sound asset quality, solid funding and liquidity profile with a franchise that is more diversified than that of many peers.
Capital Intelligence Ratings (CI) has also affirmed QIB’s Financial Strength Rating (FSR) at ‘A’ with a ‘Stable Outlook’. The Bank’s Long-Term FCR is raised to ‘A+’ while the ShortTerm FCR is affirmed at ‘A2’ on a ‘Stable Outlook’.
Source: QNA
- Saturday ,22 April GMT 21:50 2017 QNB: "Global Growth May Be Picking Up in 2017 but Recovery Could Be Short "
- Thursday ,13 April GMT 18:22 2017 Capital Intelligence Raises QIB's Long-term Foreign Currency Rating to A+
GMT 13:11 2018 Monday ,15 January
First Abu Dhabi Bank issues $610 million Formosa bondGMT 12:43 2017 Wednesday ,10 May
Qatar said to seek approvalGMT 21:50 2017 Saturday ,22 April
QNB: "Global Growth May Be Picking Up in 2017 but Recovery Could Be Short "GMT 18:22 2017 Thursday ,13 April
Capital Intelligence Raises QIB's Long-term Foreign Currency Rating to A+GMT 01:02 2017 Monday ,20 March
Commercial Bank of Qatar considers international bond issueRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
GMT 18:25 2016 Wednesday ,16 March
Ministry of Foreign Affairs and International Cooperation hails co-operation and partnership ties with EU
GMT 10:04 2019 Monday ,19 August
Live a tense and noisy atmosphere
GMT 08:45 2017 Saturday ,15 April
Foreign Minister Receives WTO Delegation
GMT 17:56 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 million
GMT 08:14 2017 Saturday ,12 August
Belgium's giant omelette festival aims
GMT 13:42 2017 Sunday ,17 December
26 dead from landslides after Philippine storm
GMT 05:32 2017 Saturday ,29 April
Al Faisaliah voted ‘Best Business Hotel in Riyadh’
GMT 15:53 2016 Sunday ,22 May
PEX Report: Index Down at start of week trading
GMT 16:59 2017 Wednesday ,22 March
UAE v Japan: Mahdi Ali has selection headaches ahead of 2018 World Cup qualifier
GMT 12:39 2015 Sunday ,18 October
Surgery made me feel connected to other women
GMT 12:56 2017 Thursday ,23 November
UAE Inaugurates Digital Archaeology Exhibition
GMT 07:27 2019 Tuesday ,20 August
Think of a new strategy and give you a variety of possibilities
GMT 18:56 2014 Tuesday ,15 April
Gambia bans flights from Ebola-hit nations
GMT 04:03 2017 Tuesday ,09 May
’Baahubali 2’ becomes India’s highest-grossing movie
GMT 08:35 2018 Saturday ,20 January
Amazon's indigenous people 'never so threatened': pope
GMT 09:09 2017 Thursday ,21 September
Kagawa leads Dortmund 'fire engine' back
GMT 13:18 2013 Saturday ,13 July
Surya Brasil launches treatments for dyed and damaged hair
GMT 09:22 2017 Sunday ,05 March
UAE insurance snag for electric vehicles over repairs
GMT 13:20 2017 Monday ,14 August
53 ships transit Suez Canal
GMT 22:46 2016 Sunday ,10 April
Strong earthquake hits Afghanistan, Pakistan, India, casualty not reported yet
GMT 14:47 2018 Monday ,19 November
Terrorists’ infiltration attempts towards military posts in Hama Countryside foiled
GMT 11:05 2018 Sunday ,28 October
US builds up arsenals in Europe to deter Russia
GMT 12:50 2018 Wednesday ,19 September
Huawei sees over 100% growth in UAE smartphone sales
GMT 09:43 2017 Saturday ,08 July
Abbas offers condolences to Sisi over victims of Rafah terror attack
GMT 21:06 2017 Wednesday ,26 July
German army helicopter crashes in Mali
GMT 18:26 2017 Wednesday ,08 February
Shoukry due in Jordan to convey Sisi's message to monarch
GMT 04:15 2017 Monday ,08 May
Mercenaries killed in Jawf
GMT 12:31 2015 Sunday ,18 January
INU, the smart, high-end electric scooter
GMT 11:46 2017 Wednesday ,01 March
NBAD given green light to expand euro note programme
GMT 18:30 2016 Tuesday ,06 December
Hilton Worldwide introduces Laureate Jeddah College students to hospitality careers
GMT 14:14 2016 Friday ,23 December
Russia loses sporting events as federations act
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor