The Commercial Bank P.S.Q.C. Reports Earnings Results for the Full Year Ended December 31, 2020
January 28, 2021 at 06:46 pm
Share
The Commercial Bank P.S.Q.C. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced net interest income was QAR 3,100.135 million compared to QAR 2,963.183 million a year ago. Net income was QAR 1,301.213 million compared to QAR 2,021.040 million a year ago. Basic earnings per share from continuing operations was QAR 0.27 compared to QAR 0.44 a year ago.
Commercial Bank PSQC, formerly Commercial Bank QSC, is a Qatar-based financial institution that provided banking solutions. The Bankâs operations are structured into two business segments: the Wholesale banking segment provides s a range of conventional commercial and investment banking services and products to large, medium and small enterprises, including corporate lending, trade finance, syndicated loans, deposits, letter of credit and guarantees, and the Retail Banking segment provides conventional retail banking services and products to retail customers in Qatar, including current and deposit accounts, wealth management, mortgage lending, personal and vehicle loans and credit card and other card services. The Bank operates through a network of nearly 29 full services branches and 152 automated teller machines (ATMs). In addition, the Bank owns and operates Diners Club franchises in Qatar and Oman.
THE COMMERCIAL BANK (P.S.Q.C.) 
