Saturday 23 December 2017

Qatar banks’ assets grow by 10.9% to QR1.33trn - The Peninsula Qatar

Qatar banks’ assets grow by 10.9% to QR1.33trn - The Peninsula Qatar:

"Banks’ assets (and liabilities) in Qatar rose  by QR14bn to QR1332.7bn in November, compared to QR1318.7bn in October, 10.9 percent jump from a year ago. Deposits from government and public sector have increased by QR9.6bn to QR308bn. Government deposits recorded QR92.4bn in November, while the deposits of government institutions settled at QR186.6bn. The deposits of semi-government institutions, in which government share is less than 100 percent and more than 50 percent, settled at QR32.1bn. On the other hand, the total loans of the government and public sector increased by QR7.5bn to reach QR350.9bn, The Group Securities noted in its review of the banks’ consolidated balance sheets for the month of November 2017."



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