DOHA: Doha Bank, one of the largest commercial banks in Qatar, has announced the appointment of Braik Ali Al Marri as Chief Retail Banking Officer, Ala Azmi Masoud Abumughli as Chief Wholesale Banking Officer, and Peter John Clark as Chief Operating Officer.

The appointment of Al Marri falls in line with Doha Bank’s Qatarization strategy and a culture to grow and promote talent from within. Almarri, who previously held the role of Acting Chief"...

Doha Bank has appointed three new executive management members as part of its ongoing transformation journey, the bank announced in a statement on Saturday.
Doha Bank has appointed Braik Almarri as Chief Retail Banking Officer, Ala Abumughli as Chief Wholesale Banking Officer, and Peter Clark as Chief Operating Officer.
The appointment of Braik falls in line with Doha bank’s Qatarisation strategy and a culture to grow and promote talent from within.
Braik, who held previously the role of acting"...

Ahlibank has reported a net profit of QR359.3 million for the first half (H1) of the year ended June 30, 2019, an increase of 1.7 percent or QR 6 million over the same period of 2018, the bank announced in a statement on Wednesday.
Chairman and Managing Director of Ahlibank Sheikh Faisal bin AbdulAziz bin Jassem al Thani said in a statement, “We are pleased with our performance in the first half, particularly the momentum we saw in overall business growth and deposit growth in particular. The bank is well capitalised"...

Bank of America reported its second-quarter 2019 financial results today. The news release, supplemental filing and investor presentation can be accessed in the following ways:

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190717005354/en/

• Bank of America newsroom at https://newsroom.bankofamerica.com
"...

DOHA: Masraf Al Rayan has reported a net profit of QR1.07bn for the first half of 2019, up 1.15 percent compared to the corresponding period in the previous year. The Bank’s assets portfolio continued to exhibit a strong performance at both local and regional levels, while maintaining a low rate of non-performing financing (NPF), which is considered to be one of the best ratios internationally.

Masraf Al Rayan continued to have the best operating"...

Ahlibank has won the “Fastest Growing Treasury Bank Qatar 2019” honour by the Global Banking & Finance Review Awards 2019, the bank announced in a statement on Sunday.
The Global Banking & Finance Review Awards honour companies that stand out in particular areas of expertise in the banking and finance industry and the awards are based on innovation, achievement and excellence that contestants have brought to the marketplace.
Ahlibank was also awarded “Excellence in Loans” by the"...

Doha
Doha Bank (DB), in partnership with Qatar Airways (QA), has launched a new summer campaign to reward its customers who use their Doha Bank Mastercard debit card for international spends and online bookings, the bank said in a statement
on Sunday.
The customers using Mastercards can take home total prizes of 20 million Qmiles.
Doha Bank will enable cardholders to receive a chance to enter the draw every time they use their Doha Bank Mastercard debit card for their international purchases and online"...

Brent crude oil prices have been particularly volatile in recent quarters, ranging between $86 per barrel (/b)-$50/b late last year and $74/b-$59/b so far in 2019.
Qatar National Bank in its weekly report has shed light on the reasons behind the oil price movements and has presented an outlook for the coming quarters.
In 2018, Brent crude prices averaged $72/b, up from $55/b in 2017. Years of oversupply caused OECD commercial inventories to balloon well above their five-year average. Then between Q2 2017 and Q1"...

Doha: Doha Bank has announced the launch of a special car loan offer with attractive interest rates and long tenures. Free comprehensive car insurance and cashback are up for grabs as part of the promotion.

Launched as part of Doha Bank’s 40th-anniversary celebrations, the Car Loan Campaign offers loans with interest rate starting at as low as 2.49 percent flat Per annum (4.65 percent reducing rate p.a.).

Featuring"...

DOHA: QNB, one of the leading banks in the Middle East, Africa and Southeast Asia (MEASEA) region, reported a net profit of QR7.4bn ($2bn) for the first half of 2019, up by 4 percent compared to same period in previous year.

Driven by loans and advances, the bank’s total assets rose to QR887bn ($244bn), up by 5 percent from 30 June 2018, the highest ever achieved by the Group. Loans and advances grew by 5 percent to reach QR634bn ($174bn)."...