Wednesday 15, March 2017 by

Qatar First Bank records net loss for FY2016

Qatar-based Shari’ah compliant bank, Qatar First Bank L.L.C. (Public) “QFB”, has recorded a net loss of QAR 265.6 million resulting mainly from the downward revision of the valuations of some of the Bank’s investments across several markets, according to the bank.

Features & Analyses