UPDATE 1-Qatar National Bank Q1 net profit rises 10.1 pct, beats forecasts

April 8, 2015 12:34 PM

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* Lending rose by 8.9 pct; outpaces low sector-wide growth (Adds detail, context and background)

DUBAI, April 8 (Reuters) - Qatar National Bank (QNB), the largest lender in the Gulf Arab region, reported a 10.1 percent increase in first-quarter net profit on Wednesday, beating analysts' expectations, bolstered by higher lending activity.

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