Qatar’s payment system worth QR4.1tn in 2018; NAPS handles bulk of transactions: QCB

Qatar’s payment system worth QR4.1tn in 2018; NAPS handles bulk of transactions: QCB

Qatar’s payment system was worth QR4.1tn in 2018, with the nation-wide NAPS handling bulk of the transactions, QCB data has shown.

Qatar banking sector ‘resilient’

Qatar banking sector ‘resilient’

Qatar banking sector’s “volatility risk” has reduced with almost all the deposits from the blockading countries “going out of the system”, QCB said in its 10th Financial Stability Review (FSR).

Qatar pushing for financial inclusion and literacy

Qatar pushing for financial inclusion and literacy

Qatar has taken many initiatives in financial inclusion and literacy by launching a national level strategy. The Qatar National Financial Inclusion and Financial Literacy Strategy is in the fourth phase of development, the Qatar Central Bank said its latest Financial Stability Review.