Qatar National Bank Q3 net profit rises 6.1 pct

October 7, 2015 10:56 AM

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DUBAI Oct 7 Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 6.1 percent increase in third-quarter net profit on Wednesday, beating analysts' forecasts.

The bank reported a net profit of 3.11 billion riyals($854.11 million) in the three months to Sept. 30, up from 2.93 billion riyals in the corresponding period of last year, Reuters calculated. The bank did not provide a quarterly results breakdown in its earnings statement.

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