The Commercial Bank (Q.S.C.) (DSMD:CBQK)
ر.ق 4.09 +0.042 (+1.04%) Market Cap: 16.55 Bil Enterprise Value: 27.63 Bil PE Ratio: 8.71 PB Ratio: 0.64 GF Score: 61/100

Q3 2023 Commercial Bank PSQC Earnings Call Transcript

Oct 18, 2023 / 10:00AM GMT
Release Date Price: ر.ق5.33 (+0.62%)
Zubair M. Chaiwalla;P.S.Q.C.;Head Capital Management;IR
The Commercial Bank

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Good afternoon, ladies and gentlemen. I'm Zubair Chaiwalla, Head of Capital Management and Investor Relations, and I welcome you all to The Commercial Bank Q3 results call. Today on the call, we have Joseph Abraham, Commercial Bank's Group Chief Executive Officer; and Mohamed Farhan, Head of MI and Acting CFO. (Operator Instructions) So I now hand you over to Joseph Abraham, the Group Chief -- CEO. Joseph, over to you, please.

Joseph Abraham;P.S.Q.C.;Group CEO
The Commercial Bank

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Thank you, Zubair, and welcome to everyone who's joining us for this call. Thank you for joining us. For our quarter 3, our profits grew by 7.5%, which is slow and steady growth. This is primarily coming from good fee income and also from some loan growth. I would say, overall, the Qatar economy at a macro level, remains in a very, very strong position, given the expansion of the North Field and the gas inflows, which I

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