Doha Bank posts profit of QR1.37 bn in 2015

Doha Bank has reported a net profit of QR1.37 billion for the year 2015, which represents a growth of more than 1.1 percent as compared to QR1.35 billion in 2014.

Doha Bank board has recommended to the Ordinary General Assembly the distribution of cash dividends to the shareholders of QR3 per share in addition to appropriating QR220 million from profit available for distribution return on issued capital instruments qualifying as additional Tier 1 Capital,

The bank increased its total assets by QR7.8 billion, a growth of 10.3 percent, from QR75.5 billion in 2014 to QR83.3 billion in 2015.