Doha – Mubasher: Both of Masraf Al Rayan and Doha Bank’s boards will meet on 16 and 22 January, respectively, to discuss financial statement of 2016.
The meeting will also tackle the dividends distribution for the fiscal year ending 31 December, 2016, according to two separate filings.
Doha Bank reported a fall of 8% in its profits for the third quarter of 2016 to QAR 312 million from versus QAR 339 million in Q3-15.
Masraf Al Rayan posted a 1.2% decline year-on-year in the third quarter of 2016 of QAR 510 million, compared to QAR 516 million in Q3-15.