Al Khalij Commercial Bank PQSC operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Al Khalij Commercial Bank PQSC with three other
banks in Middle East:
Ithmaar Holding BSC
of BAHRAIN
(2019
sales of 237.22 million Bahrainian Dinars [US$629.24 million]
of which 29%
was Retail & Corporate Banking),
Ahli United Bank KSCP
of KUWAIT
(192.40 million Kuwaiti Dinars [US$634.99 million]
of which 38%
was Retail and Commercial Banking), and
Bank of Bahrain and Kuwait BSC
which is
based in BAHRAIN
(243.30 million Bahrainian Dinars [US$645.36 million]
of which 25%
was Investment & Treasury & Other).
Sales Analysis.
Al Khalij Commercial Bank PQSC reported sales of 2.39 billion Qatari Rial (US$655.12 million)
for the
year ending
December of 2019.
This
represents
an
increase of 2.2%
versus 2018, when the company's sales were 2.33 billion Qatari Rial.
Sales at Al Khalij Commercial Bank PQSC have increased during each of the previous five years
(and since 2014, sales have increased a total of 58%).
Sales of Group Treasury saw an increase
that was more than double the company's growth rate: sales were up
29.2% in 2019, from
198.84 million Qatari Rial to 256.82 million Qatari Rial.
Not all segments of Al Khalij Commercial Bank PQSC experienced an increase in sales in 2019:
sales of Wholesale Banking fell 3.0% to 654.81 million Qatari Rial.
Al Khalij Commercial Bank PQSC also experienced decreases in sales in
Personal Banking (down 1.3% to 266.08 million Qatari Rial)
.