HE the Governor of Qatar Central Bank (QCB) Sheikh Abdullah bin Saoud al -Thani has launched the 'Qatar Mobile Payment System' (QMP), which provides a new and safe method for immediate electronic payment.
Non-resident deposits, which are about 14% of Doha's commercial banks' liabilities, witnessed faster expansion than resident and total deposits in February 2020
Faster appreciation of its foreign securities portfolio helped the Qatar Central Bank (QCB) witness a robust growth in the official reserves and thus assets in February 2020, according to the central bank data.
The year 2020 began on a sound note especially for trade and services as credit to those sectors considerably outpaced the overall domestic loan growth in Doha's commercial banks in January, according to the Qatar Central Bank data.
Robust growth in loans, especially to trading and services, helped commercial banks in Qatar to witness a 12.13% year-on-year expansion in domestic credit at the end of December 2019
The Qatar Central Bank (QCB) has asked banks and financial institutions to strengthen their KYC (know-your-customer) norms as part of due diligence to combat all kinds of financial crimes
Qatar Central Bank (QCB) has announced the adoption of the new executive regulations for Law No. (20) of 2019 issuing the Anti-Money Laundering and Combating the Financing of Terrorism Law,
The Qatar Central Bank (QCB) issued on Tuesday treasury bills for three, six and nine months, for the month of December with a value of QR600mn.
The International Chamber of Commerce (ICC Qatar) has lauded the Qatar Central Bank’s (QCB) recently-issued circular to all banks on the unified form of the Demand Guarantee