Gulf Times - deposits
Deposits at Qatar’s commercial banks jump 8% in June

Deposits at Qatar’s commercial banks jump 8% in June

The commercial banks in Doha saw about 8% year-on-year jump in total deposits to QR878.05bn in June this year, according to the Qatar Central Bank (QCB) data.

Private sector customers lead double-digit deposits growth in Qatar banks

Private sector customers lead double-digit deposits growth in Qatar banks

Commercial banks in Qatar saw a substantial year-on-year growth in the private sector customers’ domestic deposits, particularly personal, thus leading to a double-digit growth in the total customer deposits ...

QNB profit jumps 7% to QR3.4bn in first quarter

QNB profit jumps 7% to QR3.4bn in first quarter

Total assets increased 12% from March 2017 to QR834bn, the highest ever achieved by the group, its spokesman said.

Local banks account for 97% of total QR762.21bn deposits in Qatar

Local banks account for 97% of total QR762.21bn deposits in Qatar

Total deposits in Qatar's banking system stood at QR762.21bn in May this year, of which about 97% was with local lenders and only little above 3% in foreign banks, according to the Qatar Central Bank (QCB) data.

QNB completes acquisition of 99.81% stake in Turkey's Finansbank

QNB completes acquisition of 99.81% stake in Turkey's Finansbank

QNB Group has completed the acquisition of 99.81% stake in Finansbank in Turkey. The transaction is a “significant milestone” in QNB Group’s strategy of international expansion.