A robust double-digit growth in domestic assets largely covered a sizeable dip in overseas assets as the country’s commercial banks’ total assets saw a healthy 8.56% growth to QR1.68tn in December 2020 ...
The new currency stream on Friday came into existence in Qatar with many ATMs dispensing the fifth series of currency notes, including the QR200 being introduced for the first time.
Higher official reserves, brought about by robust expansion in gold holdings and foreign securities, and balances with local lenders led the Qatar Central Bank (QCB) register substantial double-digit year-on-year expansion
Qatari banks’ return on average assets (RoAA) improved marginally to 1.59% in 2019 from 1.56% in 2018 in tandem with the growth in net income, according to the Qatar Central Bank.
Qatar's banking sector has seen a decline in its cross-border exposure in 2019, the Qatar Central Bank said and noted the share of these assets to gross assets got reduced by 1.5 percentage points to settle at 15% last year.
Credit stress tests have indicated that Qatar’s banking sector is at a “comfortable” position owing to the availability of “sufficient” capital, although “traces of risk” have been identified at the individual bank level ...
Qatar's banking sector remains a “heavily targeted” sector for cyberattacks, Qatar Central Bank said and noted phishing attempts and user targeted social engineering attacks ...
The decline in remittances contributed to the “moderation in sales and purchases” of foreign currencies by exchange houses in the country, the Qatar Central Bank (QCB) has said in a report.
Spurt in investments and continued growth in credit facilities have scaled up Qatar Development Bank's (QDB) total assets to nearly QR12bn in 2019, QCB has said in a report.
Foreign investment-friendly laws, Doha Metro opening and moderation in supply will help stabilise Qatar’s real estate sector, Qatar Central Bank has said in a report.
Higher capital position, sufficient liquidity and improved profitability resulted in lowering overall risk conditions in Qatar’s banking sector, the modified banking Stability Index (BSI) has shown.