QNB ALAHLI, the Egyptian unit of Qatar National Bank, posted a standalone net profit of 7.452 billion pounds at the end of 2021 from 7.398 billion pounds at the end of 2020 recording a 2 percent year-on-year growth, according to the bank’s financial statement.
However, it recorded a consolidated net profit of 7.627 billion pounds at the end of 2021
Its has also recorded a pretax profit for 2021 of 10.852 billion Egyptian pounds ($690.6 million) from 10.403 billion in 2020.
Standalone net profit reported a 2 percent year-on-year growth at the end of 2021 to 7.452 billion pounds from 7.398 billion pounds at the end of 2020, according to the bank’s financial statement.
Customers’ deposits climbed by 27 percent year-on-year to 295 billion pounds at the end of December 2021.
Total assets surged 24 percent year-on-year to 360 billion pounds
