Oct 23, 2019 / 11:00AM GMT
Operator
Good day, ladies and gentlemen, and welcome to the Commercial Bank Quarter 3 2019 Investor Call. Today's conference is being recorded.
At this time, I would like to turn the conference over to Mr. Rehan Khan, Chief Financial Officer of Commercial Bank. Please go ahead, sir.
Rehan Khan - The Commercial Bank(P.S.Q.C.)-EGM&CFO
Thank you and good afternoon, everyone. Our Group CEO, Joseph Abraham, is traveling at the moment, so today, I'm joined by Zubair Chaiwalla, who heads up our investor relations function. I'll start with a brief overview of the results, and then we can move to the Q&A session.
As you can see, we've made a profit of QAR 1.5 billion for the 9 months year-to-date, which is up 19.4% year-on-year. Page 5 shows the quarterly progress we're making. For the -- also the profit is QAR 570 million, and this is driven by an improved performance of Commercial Bank in Qatar, our subsidiary of Alternatif Bank and a steady performance by our associate National Bank of Oman. UAB
Q3 2019 Commercial Bank PSQC Earnings Call Transcript
Oct 23, 2019
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