The Qatar Central Bank (QCB) issued Wednesday treasury bills for three, six and nine months, for the month of June 2020 with a value of QR600mn.
Sound financials and government's willingness to support the sector and economy help the banking system in Qatar to weather the impact of the Covid-19 pandemic
The key segments in Doha's private sector, especially trading, services, industrial manufacturing and heavy industry, got strong financial backing,
The Qatar Development Bank (QDB) has launched the National Guarantee Programme that provides guarantees to local banks to grant interest-free loans to private companies affected by the Covid-19.
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.