Al Khalij Commercial Bank (al khaliji) disclosed its financial statements for the period ended on 30.09.2017. The statements show that the net profit is QR 453.56 million, Compared to net profit amounting to QR 425,08 million for the same period of the previous year.

The Earnings per Share (EPS) amounted to QR 1.26 for the period ended September 30, 2017 to EPS amounted to QR 1.18 for the same period of the previous year.

TheBoard considered also and approved certain governance items, discussed theactivities and business of the Bank and approved a number of new and amendedpolicies. The Board also decided to start the voluntary dissolution of itsfully owned subsidiary in DIFC, Qatar Capital LTD, due to QCL’s limitedcontribution to the Bank’s overall commercial performance. Moreover, QCL doesnot fit in the Bank’s development strategy any longer, subject to all necessaryregulatory approvals.