Qatar banks witness double-digit growth in total assets despite siege:
"Unperturbed by the economic blockade, Doha's banking industry witnessed a double-digit year-on-year expansion in total assets in October mainly on the back of robust credit off-take and securities portfolio, according to the Qatar Central Bank data.
Total assets of all the commercial banks (all branches inside Qatar) grew by a healthy 10.6% year-on-year to QR1.32tn in October 2017.
Total credit portfolio, which constituted 69% of the banking sector’s overall assets, grew 13% year-on-year to QR912.94bn, mainly on the back of robust loans to the government and industry, the QCB data showed."
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