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