Ahlibank reports net profit of QR677m for nine-month period
<p>Doha, Qatar: Ahli Bank (“Ahlibank” or “the Bank”) announced its financial results for the nine-month period ended 30 September 2026, reporting a net profit of QR677m compared to QR676m for the corresponding period in 2025. The Bank delivered a resilient performance amid changing market conditions, supported by prudent management and a continued focus on long-term value for shareholders and…
Ahlibank, a prominent bank in Qatar, disclosed its financial performance for the nine-month period concluding September 30th, 2026. The bank reported a net profit of QR677 million, a figure identical to the previous year's period. Amidst fluctuating market conditions, Ahlibank demonstrated resilience, a testament to its prudent management and steadfast commitment to long-term value creation for shareholders and customers.
Throughout the period, the bank adhered to a disciplined approach to its operations. This strategy emphasized risk management, operational efficiency, and customer satisfaction. Hassan Ahmed AlEfrangi, the bank's Chief Executive Officer, acknowledged the steady performance, attributing it to the effective execution of their strategy and persistent focus on serving customers.
He also highlighted the bank's ongoing investment in digital banking capabilities and enhancements to both retail and corporate banking products and services. These initiatives aimed to elevate customer experience, boost operational efficiency, and create enduring value for all stakeholders.
Sheikh Faisal bin AbdulAziz bin Jassem Al-Thani, the bank's Chairman, emphasized the bank's commitment to sustainable growth and financial stability. Building upon this balanced performance, Ahlibank is poised to significantly contribute to the development of Qatar's banking sector and the broader national economy. The bank remains dedicated to enhancing operational efficiency, advancing digital banking, strengthening risk management, and deepening customer relationships across various sectors.
These efforts are geared towards ensuring continuous advancement and augmenting the bank's role in Qatar's dynamic development trajectory.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
