54
net profit grew QNB . Group By 10% last year on an annual basis to 13.2 billion Qatari riyals, equivalent to 3.6 billion dollars.
The growth was supported by the growth of loans and advances by 6% during the year to reach 764 billion Qatari riyals.
The ratio of non-performing loans increased to 2.3% of total loans at the end of last year, from 2.1% in 2020.
The coverage ratio for these debts also increased to 117% from 107% in the previous year.
In this context, QNB Group recommended distributing cash dividends to shareholders at a rate of 55% for last year.
