January 29, 2018 / 2:54 PM / in 7 months

BRIEF-Qatar's Commercial Bank FY Profit Rises

Jan 29 (Reuters) - COMMERCIAL BANK:

* FY NET PROFIT 604 MILLION RIYALS VERSUS 501 MILLION RIYALS YEAR AGO

* FY NET INTEREST INCOME 2.52 BILLION RIYALS VERSUS 2.34 BILLION RIYALS YEAR AGO

* BOARD RECOMMENDS CASH DIVIDEND 1 RIYAL PER SHARE FOR YEAR 2017

* AS AT END-DEC, 2017, CUSTOMER LOANS AND ADVANCES STAND AT 89.1 BILLION RIYALS, UP BY 14.6 PERCENT YEAR-ON-YEAR

* AS AT END-DEC, 2017, CUSTOMER DEPOSITS STAND AT 77.6 BILLION RIYALS, UP BY 9.5 PERCENT YEAR-ON-YEAR Further company coverage: )

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