Qatar banks’ total assets grow by QR54.3bn in June - The Peninsula Qatar

Qatar banks’ total assets grow by QR54.3bn in June - The Peninsula Qatar:

Qatar banks’ assets (and liabilities) increased by QR54.3bn to QR1.39trillion by the end of June 2018, compared to QR1.34trillion by the end of May, 6.6 percent higher than a year earlier.

Government and public sector deposits have increased by QR25.5bn to QR313.3bn. Government deposits recorded QR79.5bn, and Government Institutions made QR187.4bn, while the deposits of Semi-Government Institutions, in which government share is less than 100 percent and more than 50 percent, stood at QR28.5bn, The Group Securities noted in its reading of Qatar banks’ consolidated balance sheet figures for the month of June 2018.

On the other hand, the total loans of the government and public sector increased by QR27.4bn to reach QR330.8bn.