Doha – Mubasher: Qatar’s Ahli Bank posted on Tuesday a rise of 2.5% in its net profit for the third quarter of 2016 to QAR 170.66 million ($46.83 million), versus QAR 166.5 million ($45.7 million) for Q3-15.

Earnings per share reached QAR 2.64 for the third quarter of 2016, compared to QAR 2.65 for Q3-15, according to a bourse filing.

The bank’s audited financial statements showed a fall of 0.43% in net profit for the first nine months of 2016 to QAR 403.4 million, compared to QAR 505.6 million for the same period of 2015.

Ahli Bank earlier posted a net profit of QAR 332.74 million for the first half of 2016, compared to QAR 339.09 million for H1-15.