Improving profitability
QNB released its Q2 2017 financial statements. Over the last six months, the group’s net result progressed by 6.1%, sustained by a decreasing cost of risk, and successful expense-control measures. The Qatari operations recorded the most important increase (10.4%) for a 63% contribution to the group’s net result. For its top-line, QNB lost 3% of its NBI on a yoy basis, following a decrease in both the interest margin and commissions.
AlphaMena is the MENA stocks leader in independent equity research, covering 142. MENA securities spanning across 19 sectors and 8 countries relaying on a team of 11 analysts. The breadth of coverage allows AlphaMena to formulate a coherent view on markets, sectors and to highlight the best investments in Mena zone using a robust homogeneous and transparent methodology, enabling pure and pertinent comparisons based on financial and extra-financial criteria.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.