Ahli Bank Net Profit Increases by
1.4% to QAR 675.23 Million
Ahli Bank has announced that its net profits
for the financial year ended 31 December 2019 amounted QAR 675.23
million versus QAR 665.56 million for the preceding year 2018, an
increase of 1.4%.
Earnings per share for the year 2019
amounted QAR 0.292 versus QAR 0.288 for the year 2018.
The Board of Directors of the Bank has
approved 2020 budget and recommended the distribution of 15% cash
dividends of the Bank’s capital as of 31 December 2019 and 5% bonus
shares subject to the approval of Qatar Central Bank and the
shareholders’ annual general assembly.