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FINANCIAL NEWS
Qatar’s banking sector profit plunged in 2012
22 Sep 2013
(MENAFN) Qatar Central Bank (QCB) said that net profit growth in Qatar’s banking sector went down last year despite a higher expansion in gross income of banks, The Peninsula reported.
Net profit for banks plunged down to 6.6 percent last year from 22.3 in 2011. Commission and other miscellaneous sources’ income decreased for Islamic and conventional banks alike last year.
The QCB said that a drop in return on advances and cost of deposits happened due to the lowest interest environment.
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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