Mubasher: Al Khalij Commercial Bank on Monday said that its profits fell 3.2% in the second quarter of 2017, compared to the year-ago period.

Al Khalij’s profits decreased to QAR 158.9 million ($41.8 million) in Q2-17, compared to QAR 164.1 million ($43.2 million) in Q2-16, according to the bank’s statement to the Qatar Stock Exchange (QSE).

As for the first six months of 2017, the QSE-listed bank's profits slipped 0.2% to QAR 319.8 million, from QAR 320.3 million in H1-16.

Al Khalij’s stock increased 3.7% to QAR 13.74 on Monday, after 34,600 shares were exchanged, generating QAR 482,300 in turnover.