The consumer and commercial delinquency had declined year-on-year in 2020 despite Covid-19 induced lockdown in place for most part of the year, according to Qatar Central Bank (QCB).
The demand for electronic payments is expected to increase "substantially" during FIFA World Cup 2022, necessitating Doha to transform the retail payment infrastructure, according to the Qatar Central Bank (QCB).
Doha’s Islamic banks registered faster growth than the traditional lenders in extending the domestic credit to many sectors, except real estate, in July this year, according to the Qatar Central Bank (QCB).
The non-resident deposits in Qatar's commercial banks grew much faster than the resident deposits as well as the total deposits year-on-year this May, according to the central bank data.
Doha's commercial banks witnessed their foreign assets grow faster than the domestic assets year-on-year this March, according to the Qatar Central Bank (QCB).
The Qatar Central Bank (QCB) is in the process of issuing information security controls that will be applicable to all the fintech segments, following the launch of the National Information Security Standards Framework by the Ministry of Transport and Communications in 2019.
Doha's commercial banks witnessed strong double-digit year-on-year growth, especially in the current and call deposits of the domestic private and public sectors in September this year, according to the Qatar Central Bank (QCB) data.
Qatar Central Bank Governor HE Sheikh Abdulla bin Saoud al-Thani, has said the QCB is currently looking into the development of a new system for issuing electronic checks in co-ordination with the authorities in the country.
A robust double-digit growth in credit to the public sector and the rapid expansion in reserves helped Doha's commercial banks' assets rise more than 9% year-on-year in September
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