Doha, Qatar: Dukhan Bank announced its financial results for the six-month period ended 30 June 2026, reporting net profit of QR812.8m.
Despite the challenging geopolitical situation, the Group delivered solid financial results in the first half of 2026, underscoring the successful execution of its strategic initiatives and building on previously established momentum. Net profit edged up by 0.2%, supported by a robust 7.4% increase in net banking income.
This uplift in net banking income reflects the Group’s continued emphasis on revenue diversification and the strengthening of non-interest income streams.
Operational efficiency remained a core strategic priority, with ongoing optimization initiatives further enhancing profitability.
The Group expanded its asset base to a record QR129.2bn as of June 2026, reflecting a 4.4% increase from 31 December 2025. Financing assets stood at QR94.7bn, representing 73% of total assets, complemented by investment securities of QR26bn, which accounted for 20% of total assets.
During the period, the Bank’s loan book reached new highs at QR94.7bn, up 5.2% from year‑end 2025.
The Group’s strong credit risk discipline and proactive portfolio management were reflected in the non‑performing loan (NPL) ratio, which declined to a record low of 3.9%as of June 2026 (December 2025: 4.2%). In parallel, the Stage 3 coverage ratio remained robust at 76.2%(December 2025: 75.7%), underscoring the Group’s prudent approach to credit provisioning and effective risk mitigation.
The Group continued to strengthen and diversify its funding base by leveraging long‑standing client relationships and maintaining a balanced maturity profile.
Customer deposits rose by 7.0% to QR94bn, reaching historic levels that underscore customer confidence and the strength of the Bank’s franchise.
These developments supported a solid liquidity position, with the regulatory loan‑to‑deposit ratio improving to 95.6% (December 2025: 98.1%). Both the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) remained comfortably above regulatory thresholds throughout the period.
As at 30 June 2026, the Group maintained a strong capital position. The total capital adequacy ratio stood at 18.6% (December 2025: 18.2%), well above the Qatar Central Bank minimum requirement of 14.6%, reflecting prudent balance sheet management and resilience.
