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QIIB net profit rises to QR937.7m in 2020


 27 Jan 2021 - 8:10
The Peninsula
Doha: QIIB has recorded a net profit of QR937.7m for the year ended December 31, 2020, with a growth rate of 1.2 percent compared to QR927m in 2019. The bank’s earnings per share stood at QR0.55. While the total assets grew by 7.9 percent to QR61.3bn from QR56.8bn during the same period. 
QIIB Chairman and Managing Director Sheikh Dr. Khalid bin Thani bin Abdullah Al Thani, said: “The bank’s results for the year ended December 31, 2020 have clearly proven the bank’s ability to maintain the stability of its financial and profitable indicators, while overcoming the factors that shook the world’s markets in 2020, especially after COVID-19 pandemic ramifications. This in itself is a great achievement, which we owe, in the first place, to the wise strategy adopted by the Government and the supervisory authorities to support the Qatari economy in its various sectors, under the directives and the patronage of the Amir H H Sheikh ....

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KIB awarded 'Best Bank in Terms of Branch Design for the Year 2020' - ARAB TIMES


Our vision is focused on revolutionizing our customer experience in the near future: Al Qenai
KUWAIT CITY, Jan 9: Kuwait International Bank (KIB) recently added a new award to its track record of prestigious accolades, by garnering the “Best Bank in Terms of Branch Design for the Year 2020” Award from World Union of Arab Banks (WUAB).
Naser Al Qenai
KIB was awarded at the Arab Banks Awards & Commendations of Excellence 2020, which was organized for the sixth year in a row by the Banking Executive Magazine (the Monthly publication of the World Union of Arab Bankers) to honor the achievements of Arab banks. ....

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Arab Finance - News - ADCB Egypt named best promising brand


Sunday 12/20/2020 2:34:00 PM
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ArabFinance: Abu Dhabi Commercial Bank Egypt (ADCB Egypt) won “The Most Promising Brand” award from the World Union of Arab Bankers, according to a December 19
th press release.
The bank received the award for its expansion strategy and developments in the Egyptian market, the statement said.
The UAE financial entity earlier said it plans to play a critical role in line with its official launch in Egypt on August 30
th.
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