Qatar's commercial banks had assets valued at QR2.05tn in December 2024, a 3.9% increase on an annualised basis.This was disclosed by the Qatar Central Bank in its social media handle X.Total domestic credit of the commercial banks grew by 4.2% year-on-year to QR1.28tn in December 2024.The commercial banks' total deposits expanded 2.4% on an annualised basis to QR826.7bn in the review period.Broad money supply (M2) was however seen easing by 0.6% year-on-year to QR718.2bn in December 2024.
February 03, 2025 | 11:14 AM