Doha-Mubasher: Ahli Bank reported a 12.5% rise in profit to QAR 169.7 million ($46.56 million) during the first quarter ended 31 March 2015, compared to QAR 150.8 million ($41.38 million) during the same period of 2014, according to a filing to Qatar Stock Exchange (QSE).

Financials showed a rise in the bank’s Q1-15 earnings per share to QAR 0.93, compared to QAR 0.83 in Q1-14.

Shareholders previously approved to distribute a 15% cash dividends amounting to QAR 247.8 million and 10% bonus issue totalling 16,5200 shares.

During the fiscal year 2014, the Qatar-listed bank reported a growth of 14.4% to QAR 601.3 million in 2014, compared to QAR 525.7 million in FY13.