QCB: 25,000 local transactions worth over QR230mn executed

QCB: 25,000 local transactions worth over QR230mn executed

The Qatar Central Bank (QCB) Saturday announced that more than 25,000 local transactions, worth more than QR230mn, were executed within the first 24 hours of the start of the money transfer service outside official working hours.

Qatar Central Bank raises interest rates

Qatar Central Bank raises interest rates

Qatar Central Bank (QCB) announced Wednesday that the bank's deposit rate (QCBDR) will be raised by 75 basis points to become 2.25%

QCB’s high global reserves indicate its creditworthiness: QEO

QCB’s high global reserves indicate its creditworthiness: QEO

The Qatar Central Bank's (QCB) international reserves constituted 624% of the currency issued in November 2021, much higher than the mandated 100%, indicating the central bank's creditworthiness

QCB project aims at world class payment infrastructure to meet Qatar's growing electronic payments demand

QCB project aims at world class payment infrastructure to meet Qatar's growing electronic payments demand

The Qatar Central Bank has initiated a major project that aims a "world class payment infrastructure with state-of-art technology" as the demand for electronic payments is steadily growing and expected to "increase substantially" during the FIFA World Cup Qatar 2022.

Qatar's macroeconomic environment expected to improve further with higher vaccination: QCB

Qatar's macroeconomic environment expected to improve further with higher vaccination: QCB

Qatar's macroeconomic environment is expected to further improve along with increasing rate of vaccination, Qatar Central Bank said in its latest Financial Stability Review.

Qatar's banking sector demonstrates resilience, registers 'impressive' growth amid Covid-19 challenges

Qatar's banking sector demonstrates resilience, registers 'impressive' growth amid Covid-19 challenges

Qatar's banking sector demonstrated resilience and registered an impressive growth in business during 2021, driven by the need to continue to support the country's future ambitions.

QCB finds consumer, commercial delinquency on the decline in 2020

QCB finds consumer, commercial delinquency on the decline in 2020

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).

QCB aims to set up state of the art e-payment system before World Cup

QCB aims to set up state of the art e-payment system before World Cup

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 register faster growth in extending domestic credit: QCB

Doha’s Islamic banks register faster growth in extending domestic credit: 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).

Non-resident deposits in banks outpace overall deposits growth y-o-y in May: QCB

Non-resident deposits in banks outpace overall deposits growth y-o-y in May: 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.

Qatar commercial banks' total assets expand 10.04% year-on-year to QR1.75tn in March, shows QCB data

Qatar commercial banks' total assets expand 10.04% year-on-year to QR1.75tn in March, shows QCB 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).

QCB to help pvt sector achieve self-sufficiency

QCB to help pvt sector achieve self-sufficiency

HE the Governor of Qatar Central Bank (QCB) Sheikh Abdullah bin Saud al-Thani hailed the ability of Qatari banks to maintain the strength of their financial position despite the Covid-19 pandemic