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Barwa Bank earns QAR 412m in 6M

Barwa Bank earns QAR 412m in 6M
Photo Credit: Arabianeye - Reuters

Mubasher: Barwa Bank recorded QAR 412 million in net earnings during the first half of 2015, with the earnings per share reaching QAR 1.39 compared with QAR 1.38 a year earlier.

Total assets increased 16% year-on-year to QAR 41.3 billion, and financing assets grew 10% to more than QAR 24.4 billion.

Customer deposits rose 4% to QAR 23.2 billion, as the bank is focusing on improving its products and services.