Qatar National Bank Al Ahli reported consolidated net profits of EGP 649.2 million ($85.1 million) for the first quarter of 2014, compared with EGP 533.5 million ($69.9 million) for the same period of the previous year.

Meanwhile, the lender posted unconsolidated net profits of EGP 622 million for Q1-FY14, compared with EGP 477.9 million for the corresponding period of the previous year.

The lender is capitalised at EGP 5.610 billion shares, distributed across 561.072 million shares at EGP 10 par value each.