FINANCIAL NEWS

Qatar’s QIIB posts QR1.7bn worth revenue

26 Jan 2017

(MENAFN) Leading Islamic Lender QIIB has posted total revenue of QR1.7bn for the whole year of 2016, while its net profit increased to QR785mn amid the year.

Among the year, the bank viewed many achievements despite a series of challenges, but it’s overcame these challenges with the help of the workers.

Furthermore, QIIB remains focused on taking advantage of these developments and are still focusing on its activities on Qatar.

Meanwhile, the bank decided to enter Morocco, where it has got the approval of the Central Bank of Morocco for the establishment of a mutual venture bank.
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