Dukhan Bank announces issuance of debut Additional Tier 1 $500m Sukuk thepeninsulaqatar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thepeninsulaqatar.com Daily Mail and Mail on Sunday newspapers.
Dukhan Bank reports QR1bn net operating profit for 2020
08 Mar 2021 - 9:09
Chairman and Managing Director of Dukhan Bank, Sheikh Mohammed bin Hamad bin Jassim Al Thani
The Peninsula
Doha: Dukhan Bank announced yesterday that its total revenues grew by 15.7 percent to reach QR3.8bn for the year ended December 31, 2020, while profit before loss of impairment of intangible assets and taxes exceeded QR1bn, with a growth of 33 percent, compared to QR766m for the previous year.
The Group’s assets grew significantly by 12% exceeding QR86bn, underscored by a growth in its financing activities which exceeded 12.7% recording over QR58bn, as compared to 2019.