Arab Finance: Proposed board of directors Qatar National Bank (QNBE)held on 01/13/2025, cash distributions to shareholders for last year’s profits, and it is proposed to distribute a cash coupon of 1.5 pounds per share, according to statement Egyptian Stock Exchange.
On the results of its business during the period from 01/01/2024 to 12/31/2024, it showed achieving a net profit. assembly It amounted to 26.398 billion pounds, compared to the bank achieving a net profit of 16.228 billion pounds during the period from 01/01/2023 to 12/31/2023.
In the same context, the bank achieved a net profit independent For the period from 01/01/2024 to 12/31/2024, it was estimated at approximately 25,806,175,189 pounds, compared to a net profit amounting to 15,769,684,137 pounds, during the comparative period of the previous fiscal year.
It is worth noting that the net profits or losses for the year are calculated according to the share of owners of the parent company.
The bank was established in 1978. QNB Group provides a full range of investment banking services through its subsidiary QNB Capital to companies, government agencies and institutions in Qatar and abroad. QNB Capital includes a specialized team with extensive experience that is considered among the best in the region in corporate banking operations and advisory services, including mergers and acquisitions advisory, stock and bond markets, and project financing consulting. The group also provides financial brokerage services through QNB Financial Services (QNB FS), which is a subsidiary and the first independent, licensed financial brokerage company launched by a bank in the State of Qatar. QNB Financial Services offers a trading platform in multiple markets and various currencies.
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