12-01-2021
QNB Group disclosed its financial statements for the period ending on 31 December 2020, where the net profit amounted to 12 billion riyals, a decrease of 16% compared to a net profit of 14.4 billion riyals for the same period of the previous year.
The earnings per share amounted to 1.19 riyals for the financial period ending on 31 December 2020, compared to the earnings per share of 1.45 riyals for the same period of the previous year.
The Board of Directors also recommends to distribute cash dividends at the rate of 45% of the nominal value of the share (at 0.45 Qatari riyals per share), noting that the financial statements for the year 2020 and the proposal for dividend distribution are subject to the approval of Qatar Central Bank.