Doha – Mubasher: Qatar National Bank (QNB) posted on Wednesday a net profit of QAR 11.3 billion in 2015, rising 7.7% year-on-year compared to QAR 10.4 billion in 2014.
Earnings per share came to QAR 16.1, versus QAR 14.9.
The bank’s board of directors approved a cash dividend at QAR 3.5 per share, equivalent to 35% of the nominal value, in addition to issuing bonus shares of 20% of the share capital, or two shares for every 10 shares. Cash dividends proposal is subject to the approval of the Central Bank of Qatar.
The bank earlier reported a net profit of QAR 8.7 billion in the first nine months of 2015, versus QAR 8 billion in the same period of 2014.
