Doha – Mubasher: Qatar International Islamic Bank (QIIB) posted on Thursday a 5% year-on-year fall in profit for 2015.
Net profit reached QAR 784.2 million in 2015, versus QAR 825.8 million in 2014, according to the bank’s financial statements.
Earnings per share decreased to QAR 5.18 in 2015 from QAR 5.45 a year earlier.
The bank’s board of directors recommended cash dividends at 40% of the issued capital, equivalent to QAR 4 per share.
The Qatar-listed bank earlier reported a net profit of QAR 657 million in the first nine months of 2015, versus QAR 625 million in the same period of 2014.
