Doha Bank Q.P.S.C. Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 28, 2021 at 02:37 pm EDT
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Doha Bank Q.P.S.C. Announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced net interest income was QAR 607.711 million compared to QAR 523.490 million a year ago. Net income was QAR 234.162 million compared to QAR 176.624 million a year ago. Basic earnings per share from continuing operations was QAR 0.08 compared to QAR 0.06 a year ago. For the half year, net interest income was QAR 1,269.065 million compared to QAR 1,071.477 million a year ago. Net income was QAR 614.349 million compared to QAR 500.715 million a year ago. Basic earnings per share from continuing operations was QAR 0.2 compared to QAR 0.16 a year ago.
Doha Bank QPSC is a Qatar-based financial institution engaged in the banking sector. The Bank is organized into the following business segments: Corporate Banking, which provides a range of products and services to business and corporate customers, including funded and non funded credit, facilitates deposits to corporate customers, as well as undertakes funding and centralized risk management activities through borrowings, issue of debt securities, use of derivatives for risk management purposes and investing in liquid assets, such as short term placements and corporate and government debt securities; Retail Banking, which provides a range of products and services to individuals, including loans, credit cards, deposits and other transactions with retail customers, as well as Insurance Activities.