Masraf Al Rayan operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Masraf Al Rayan with three other
companies in this sector in Qatar:
Al Khalij Commercial Bank
sales of 2.06 billion Qatari Riyals [US$559.28 million]
of which 33%
was Wholesale Banking),
(3.95 billion Qatari Riyals [US$1.07 billion]
of which 82%
was Corporate Banking), and
Qatar Islamic Bank QPSC
(5.37 billion Qatari Riyals [US$1.46 billion]
of which 52%
was Wholesale Banking).
During the year ended December of 2016, sales at
Masraf Al Rayan were 3.61 billion Qatari Riyals (US$982.69 million).
increase of 16.6%
versus 2015, when the company's sales were 3.10 billion Qatari Riyals.
This was the fifth consecutive year of sales increases at Masraf Al Rayan
(and since 2011, sales have increased a total of 64%).
Sales of Asset Management saw an increase
that was more than double the company's growth rate: sales were up
124.0% in 2016, from
24.39 million Qatari Riyals to 54.64 million Qatari Riyals.
Masraf Al Rayan also saw significant increases in sales in
Retail Banking (up 30.8% to 648.60 million Qatari Riyals)
International Operations (up 30.1% to 211.24 million Qatari Riyals)
Not all segments of Masraf Al Rayan experienced an increase in sales in 2016:
sales of Unallocated and Intergroup Transactions fell 20.2% to 154.05 million Qatari Riyals.