934 million pounds profit Qatar National Bank Syria until the third quarter 2019 .. and assets grow 6.47%
The assets of "Qatar National Bank Syria" rose slightly during the first nine of this year, exceeding about 109 billion pounds, while the bank recorded a strong rise in net profit reached 166%, and customer deposits balances grew by 20.75% to 28.02 billion pounds.
According to the financial statements of Qatar National Bank Syria for the third quarter of 2019, which obtained site "B2B-SY" a copy of it, which indicates the growth of customer deposits balances by 20.75% from the beginning of this year to reach 28.02 billion pounds, and achieved The bank grew in the total credit facilities portfolio by 51.03% to 15.61 billion pounds.
The financial data revealed that the bank's assets rose to LBP 109.1 billion, an increase of LBP 7 billion from the end of 2018 of LBP 102.5 billion, bringing the bank's assets by 1.956.47%.
Total operating income increased from LBP 1.677 million to LBP 2.526 billion by the end of the third quarter of 2019, an increase of 55.58%.
Net profit of the bank rose by 166.45% to the value of about 934 million pounds during the first nine months of this year, an increase of 584 million pounds from the same period in 2018, raising the bank's share profit from 2.34 pounds to 6.23 pounds.
The financial statements showed that the shareholders' equity increased slightly by 1.30% to reach LBP 72.611 billion compared to LBP 71.085 billion at the end of 2018.
The bank said in its report that the nominal value of the share 100 SP, the book value of 484.08 SP, while the market value at the end of the period 348.59 SP, and the number of shareholders in the bank 3487 at the end of the period.
It is noteworthy that "Qatar National Bank _ Syria PJSC" Syria is a public joint stock company under the law of private banks No. (28) for the year 2001 The bank was registered in the Commercial Register under No. (15961) on 30/09/2009 and in the register of banks with the number (20) The Bank's head office is located in Abbasid Square, Damascus, Syrian Arab Republic.
Syria Economic News
