Masraf Al Rayan’s 2014 net profit jumps 18% to QR2bn
Masraf Al Rayan’s total assets surged 20% to QR80.09bn with its financing portfolio growing 40% to QR57.91bn, a bank spokesman said.
Masraf Al Rayan has reported an 18% jump in net profit to QR2bn in 2014 and recommended 17.5% cash dividend for shareholders.
Total assets were up 20% to QR80.09bn with financing portfolio growing 40% to QR57.91bn, a bank spokesman said.
Customers’ deposits grew 30% to QR62.57bn.
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Source News: Gulf Times