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Wednesday, 2 May 2018

Listed banking assets grow over 8% in Qatar to $389.4bn in 2017: KPMG

Listed banking assets grow over 8% in Qatar to $389.4bn in 2017: KPMG:

"Total listed banking sector assets in Qatar increased by 8.1% to $389.4bn in 2017 from $360.2bn in 2016, driven by growth in corporate lending, cash and equivalents and investment securities, a new report has shown. This, according to KPMG, was the “highest” asset growth rate among all Gulf Co-operation Council countries last year. This growth can be predominantly attributed to the increase in financing asset balances (70%) and higher investment securities (15%)."



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