Qatar commercial banks assets total QR1.65tn in November: QCB ...Qatar

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Qatar commercial banks assets total QR1.65tn in November: QCB
Assets of Qatar's commercial banks grew about 10% year-on-year growth this November, mainly on faster expansion in domestic assets, as the country’s various sectors started functioning in full steam after the government lifted the Covid-19 restrictions. The latest report from the Qatar Central Bank (QCB) suggests that the total assets of commercial banks stood at QR1.65tn with domestic assets constituting QR1.42tn or 86% of the total, and overseas assets at QR0.23tn or 14% of the total in the review period. Total domestic assets were seen expanding 10.41% and foreign assets had a slower 4.53% year-on-year growth in November 2020. The year-on-year expansion in the domestic assets of the

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