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Article: QATAR: COMMERCIAL BANK OF QATAR ANNOUNCES ITS PRESS RELEASE IN REGARDS TO 3RD QUARTER FINANCIAL RESULTS FOR THE PERIOD ENDING SEPTEMBER 30, 2008.(Financial report)
- Article from:
- IPR Strategic Business Information Database
- Article date:
- October 16, 2008
CopyrightCOPYRIGHT 2008 Info-Prod (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to Doha Securities Markets: The Commercial Bank of Qatar announces its strong overall growth for nine months ended September 2008 with a reported net profit up 55% to QR 1.56 billion when compared to the pervious period in 2007. The bank also announces the following: Operating Income up 51.5% to QR 2.14 billion Shareholders Equity increased by 78.4% to QR10.2 billion Total assets up 41.7% to QR 57.8 billion Customers' Deposits up 19.2% to QR 29.9 billion The Bank's Total Assets at the end of the third quarter of 2008 stood at QR 57.8 billion, reflecting 41.7% growth from 30 September 2007. Total loans and advances similarly grew by 37.0% to QR 32.1 billion and ...
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Article: COMMERCIALBANK EXTRA-ORDINARY GENERAL ASSEMBLY APPROVES ...
Info-Prod Research (Middle East);
May 20, 2008 ;
700+ words
... ... premium shall be not less than 85% of the market price of ordinary shares in the Company at the date of issue and not more than QR [175] per share.4. To amend Article 7 of the Company's Articles of Association to read after amendment as follows:"All ...
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