QFC-based corporate banks' exposure to local market remains largest segment in 2020

QFC-based corporate banks' exposure to local market remains largest segment in 2020

The Qatar Financial Centre (QFC)-domiciled corporate banks' exposure to the local market remained the largest segment at 54% of the total during 2020; indicating the significant contribution of the centre to the domestic economy.

QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%

QFC-based corporate banks’ net profits jump 9-fold; assets grow 34%

The Qatar Financial Centre (QFC)-based corporate banks’ net profits saw nine-fold year-on-year jump and total assets grew 34%; and their stable deposits rose markedly in 2019 ...