Qatar banking sector sees uptick in assets, loans and deposits in August: QNBFS ...Qatar

* The government segment has been the "key driver" in loans and deposits in August; total assets reach QR1.828tn Qatar banking sector has seen an uptick in its assets, loans and deposits in August, driven mainly by government activities and commodity prices. According to QNB Financial Services, the total assets of the Qatari banking sector increased by 0.7% MoM (0.1% in 2022) in August 2022 to reach QR1.828tn. The sector total loan book went up by 0.6% MoM (0.2% in 2022) and deposits rose by 0.9% MoM (-0.1% in 2022) in August, QNBFS noted. Loans increased by 0.6% during August to reach QR1,218.6bn. The public sector mainly pushed the credit higher (up 1.7% MoM in August). Loans have mo

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Last updated : 04 October 2022 clock 08:36 PM

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Qatar banking sector sees uptick in assets, loans and deposits in August: QNBFS ...Qatar

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