The Clap:
Qatar National Bank (QNB) recorded a 69.6% jump in net income in the second quarter of the year.
Net interest income:
The bank recorded a 36.9% YoY rise to EGP 9.9 billion in 2Q 2024.
Net fee & commissions income
The lender saw a 28.8% YoY fall in net fee and commissions income for the period to EGP 11.28 billion.
Net profit:
Due to a rise in dividend income and better performance on financial investments, QNB saw its bottomline swell 69.6% YoY to EGP 6.7 billion.
