Commercialbank nets QR1.7bn profit in ’08 despite global crisis
Business Reporter
DOHA: Commercialbank posted net profits of QR1.7bn last year, up 22.4% on the 2007. The operating income earned by Qatar’s largest private sector bank last year was QR2.8bn, up 42.5% on QR1.9bn registered in 2007.
Now you know how they are making the profit.
They had increased the interest rates on loans upto 3%, yes, without informing the customers, and now this.
I wonder if the customers can do anything on this!
Commercialbank nets QR1.7bn profit in ’08 despite global crisis
Business Reporter
DOHA: Commercialbank posted net profits of QR1.7bn last year, up 22.4% on the 2007. The operating income earned by Qatar’s largest private sector bank last year was QR2.8bn, up 42.5% on QR1.9bn registered in 2007.
http://www.gulf-times.com/site/topics/article.asp?cu_no=2&item_no=270378...
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Now you know how they are making the profit.
They had increased the interest rates on loans upto 3%, yes, without informing the customers, and now this.
I wonder if the customers can do anything on this!