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Dukhan Bank assets grow 12pc


Dukhan Bank assets grow 12pc
DOHA, 25 days
ago
Dukhan Bank’s assets in 2020 grew significantly by 12% exceeding QR86 billion ($23.62 billion), underscored by a growth in its financing activities which exceeded 12.7% recording over QR58 billion, as compared to 2019. 
 
Total revenues grew by 15.7%, to reach QR3.8 billion, while profit before loss of impairment of intangible assets and taxes exceeded one billion Qatari riyals, with a growth rate of 33%, as compared to QR766 million for the previous year.
 
Total expenses declined by 15.6% to QR939 million when compared to the previous year stemming from the Group’s efforts to control operating and financing expenses. ....

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