Masraf Al Rayan announces a net profit of QAR 1,632 million at the...
(WorldNews Europe)

Masraf Al Rayan, a leading bank in Qatar and the region, announced today its financial results for the nine months ended 30 September 2018, delivering a net profit of QAR 1,632 million with an increase of 4.5% compared to the similar period in 2017, with assets growing by 1.0% to reach QAR 99,603 million. The quality of the bank assets (both financing assets & investments) continues to be one of the highest in the region and globally, maintaining a non-performing financing ratio (NPL) of 0.64% which has been maintained consistently within this level for the last many years. Masraf Al Rayan continues to lead the banking sector with one of the best operational efficiency ratio of 23.12%...