Qatar National Bank’s <QNBK.QA> (QNB) third-quarter net profit rose 3.5 percent, the largest bank by assets in the Middle East and Africa reported on Wednesday.
Net profit rose to 3.72 billion riyals ($1.02 billion) in the three months to Sept 30 from 3.60 billion a year earlier, it said.
SICO Bahrain forecast the bank would make a net profit of 3.72 billion riyals, while EFG Hermes expected a net profit of 3.64 billion.
The bank said the growth of its assets and liabilities had been partly affected by a weaker Turkish lira.
DUBAI (Reuters)
![Damaged houses are seen after an attack by Syrian government forces in Syria’s northwest Idlib province [File: Anadolu Agency]](https://i2.wp.com/middleeastaffairs.net/wp-content/uploads/2019/05/a097cd70f6e3471a99c86ac9e3923f3e_18.jpg?resize=120%2C86&ssl=1)
