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FinancialNews
16-01-20
Total assets of Qatar's 8 listed banks increase by QR83.6 billion
(MENAFN) On the Qatar Stock Exchange, the total assets of Qatar's eight listed banks saw a climb by about QR83.6billion in the first 9 months of 2019.
In comparison with QR1.49 trillion as at 31 December 2018 and to QR1.53 trillion as at 30 June 2019, the banks' total assets arrived at QR1.57 trillion as at 30 September 2019.
Of the total assets as at 30 September 2019, Islamic banks" market share reached QR312.9bn, compared to the QR1.26 trillion that was reported by the conventional banks, according to PwC Qatar's second Qatar Banking Sector Report.
The total loans and advances of the 8 listed banks amounted at QR1.081 trillion.
The total market share provided by Islamic banks arrived at QR214.5bn, in comparison with the QR866.9bn that was revealed by the conventional banks as at 30 September 2019.
MENAFN1601202000450000ID1099560318
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