Source - SMW
The Commercial Bank of Qatar has reported a net profit of QAR 259m for the nine months ended 30 September, compared to QAR 491m for the same period in 2016 and representing a decrease of 47.3%.

Other financial highlights include:

- Total assets of QAR 134 billion, up by 8.1%

- Customer loans and advances of QAR 84.5 billion, up by 11.2%

- Customer deposits of QAR 73.3 billion, up by 9.8%

- Net operating income of QAR 2,654 million, down by 2.4%

- Operating profit of QAR 1,641.8 million, up by 9.6%

- Cost income ratio of 38.1% reduced from  45.2%

- Provisions on non-performing loans at QAR 1,450.8 million, up by 31%

- Earnings per share of QAR 0.65