Saturday 3 March 2018

Banks’ private sector credit at QR463.4bn - The Peninsula Qatar

Banks’ private sector credit at QR463.4bn - The Peninsula Qatar:

"Qatar banks’ assets (and liabilities) has increased QR3.1bn to QR1.366 trillion by the end of January 2018, compared to previous month; and recorded an 8.3 percent growth or QR104.8bn increase on year-on-year. 

A reading of the banks’ consolidated balance sheet figures by The Group analysts has noted that the total domestic private sector deposit at local banks was increased by QR2.1bn to QR358.6bn, by the end of January.

The banks’ total loans and credit facilities to local private sector increased QR1.9bn to QR463.4bn. The credit facilities to the real estate sector stood at QR146.7bn in January, while individual consumer loans amounted to QR123.4bn. The credit facilities to the trade stood at QR67.5bn and services at QR62.6bn. The loans and facilities amounting to QR17.4bn went for the non-banking financial sector."



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