Ahlibank has reported a net profit of QR544.54mn for the first nine months of 2019, an increase of 1.24% over the corresponding period of 2018. 
Sheikh Faisal bin AbdulAziz bin Jassem al-Thani, chairman and managing director of Ahlibank said, “We are pleased with our steady performance of the bank’s key growth drivers, which reflected positively on the overall business growth.” 
To meet one of its key strategic objectives of improving stable funding, Sheikh Faisal said, the bank successfully completed its third bond issuance for $500mn in the international debt capital markets, under its $1.5bn EMTN Programme, which is a continued vote of confidence from international investors on both Qatar and Ahlibank. 
Sheikh Faisal said the bond issuance was oversubscribed by more than three times, with as many as 85 investors participating from Asia, Mena, and Europe.
He added, “The bank is focused on delivering long-term sustainable results for its shareholders. With that in view, our investment in technology infrastructure and digital transformation is continuing and that will benefit the bank in delivering new services and outstanding experience to our customers. 
“The bank continues to enjoy favourable ratings from the top international credit rating agencies. We also take this opportunity to thank the Qatar Central Bank for its valued leadership and support.”