Arab Finance: Qatar National Bank Alahli’s (QNB Alahli) consolidated net profits after tax and non-controlling interest rose 82.3% year on year (YoY) in the first half (H1) of 2023 to EGP 8.665 billion, compared to EGP 4.754 billion, the bank’s financial statement showed. 

Net interest income surged to EGP 13.899 billion from January through June this year from EGP 8.910 billion over the same period a year ago. 

In terms of standalone business, net profits after tax went up to EGP 8.211 billion in H1 2023 from EGP 4.412 in H1 2022. 

Meanwhile, standalone net interest income grew to EGP 13.672 billion from EGP 8.706 billion.

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