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Qatar - Ahli Bank Discloses QR 525.7 Million Net Profit for 2013  Join our daily free Newsletter

MENAFN - Qatar News Agency - 19/01/2014

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(MENAFN - Qatar News Agency) AhliBank discloses the financial statements for the year ended December 31,2013, said a statement of Qatar Exchange.

The financials revealed a net profit of QR 525.7 million in 2013versus QR 465.2 million in 2012 and the Earnings per Share (EPS) amounted to QR4.14 in 2013 compared to QR 3.88 in 2012

The Board of Directors also approved the budget and recommended the distribution of bonus shares 30% from the capital shares of the Bank on 31/12/2013 subject to the approval of QCB and the General Assembly Meeting

Furthermore the Board of directors had decided to open a nomination to the Qatari Shareholders to elect 6 members to the Board of Directors for a period of 3 years 2014-2016

The General Assembly Meeting of Ahlibank is determined on Tuesday 25/2/2014 at 4:30 pm and in case no quorum the second meeting will be on Tuesday 4/3/2014.

 






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