Monday 8 October 2018

Doha Bank seeks to maintain ‘stable loan-deposit ratio’

Doha Bank seeks to maintain ‘stable loan-deposit ratio’:

Doha Bank seeks to maintain a stable loan-to-deposit ratio even as its lending remains relatively stable of late, according to Group CEO Dr R Seetharaman.

“Doha Bank’s lending has been relatively stable of late, although we are currently reviewing a number of potential assets. Whilst any growth on the asset side of the balance sheet can be accommodated from existing Qatari riyal funds, the bank seeks to maintain a stable loan to deposit ratio,” Seetharaman said in an interview with Gulf Times.

“Hence, as the asset side of the balance sheet adjusts, we look to adjust the liability side as well. Given the improving fundamentals of the market, these adjustments can be accommodated,” he said.

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