Gulf Times - Qatar-banks
Qatar banks’ assets expand in double digit in July on robust credit offtake

Qatar banks’ assets expand in double digit in July on robust credit offtake

The private and public sectors witnessed robust credit offtake, leading to Doha’s commercial banks’ assets expand in double digit year-on-year in July 2020 amidst Covid-19 challenges ...

Qatar banks' assets jump more than 9% in May on domestic credit expansion

Qatar banks' assets jump more than 9% in May on domestic credit expansion

A healthy double-digit expansion in the domestic credit helped Doha's commercial banks witness a more than 9% jump in total assets at the end of May this year

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 ...

Public sector drives local currency deposits expansion in Qatar banks: QCB

Public sector drives local currency deposits expansion in Qatar banks: QCB

The local currency time and savings (T&S) deposits of the public sector has considerably outpaced the total deposits expansion in Qatar’s banking industry during November 2019

Commercial banks’ total assets grow 6% to QR1.43tn at end-May: QCB

Commercial banks’ total assets grow 6% to QR1.43tn at end-May: QCB

Total assets of commercial banks in Qatar registered about 6% year-on-year increase to QR1.43tn at the end of May this year, according to the central bank figures.

Qatar banks' assets, credit grow in January: QNB

Qatar banks' assets, credit grow in January: QNB

Qatar’s banks have seen their assets and credit growing in January, at 1.8% and 3.1% year-on-year (y-o-y) respectively, QNB said in its latest "Qatar Monthly Monitor".

Qatar banks on solid footing to withstand severe macroeconomic shocks: IMF

Qatar banks on solid footing to withstand severe macroeconomic shocks: IMF

Solid profitability, robust capital base, lower bad loans and adequate provisioning help Qatar's banking sector withstand severe macroeconomic shocks, according to the International Monetary Fund (IMF).

Qatar banks to keep local market focus ahead of 2022 World Cup: KPMG

Qatar banks to keep local market focus ahead of 2022 World Cup: KPMG

As the 2022 FIFA World Cup approaches, Qatari banks will keep primary focus on the local market, as opposed to looking overseas for growth, KPMG said in its recent report on GCC banking sector ...

Qatar banks 'well-placed to weather crisis'

Qatar banks 'well-placed to weather crisis'

Qatar's banking industry is "reasonably well-placed” to weather the effects of the current economic blockade and has already begun adjusting asset and liability management to enhance liquidity ...

Qatar banks stay healthy, 80% of NPLs provisioned

Qatar banks stay healthy, 80% of NPLs provisioned

Qatar’s banks “remain healthy” overall as more than 80% of their non-performing loans are provisioned, the Qatar Central Bank has said in a recent report.

Banks to have three working days as Eid al-Fitr holidays

Banks to have three working days as Eid al-Fitr holidays

Banks and other financial institutions governed by Qatar Central Bank will have three working days as Eid al-Fitr holiday, QCB said in a circular on Monday.

Brexit-related currency exposures minimal for Qatar banks

Brexit-related currency exposures minimal for Qatar banks

Qatari banks face “immaterial net exposures” to the Brexit-related currencies such as the pound and euro overall, according to QNB Financial Services (QNBFS).