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  • 10-05-22

    Qatar banking division’s whole assets increases 0.8 percent in March

    (MENAFN) As shown by a report from QNB Financial Services Qatar banking division’s whole assets have rose by 0.8 percent monthly (0.3 percent this year) in March this year to stand at QR1.832 trillion (USD494.3m).

    Banking division’s Entire Loan Book rose by 0.4 percent MoM (decreasing 0.1 percent this year) and deposits increased by 0.3 percent MoM (dropping 0.7 percent this year) two months ago.

    The Private and Public division raised the credit higher (increasing 0.4 percent and 0.6 percent individually MoM two months ago), while deposits increased by 0.3 percent in March, the LDR increased marginally to 125.6 percent compared to 125.5 percent in February this year.

    Public division deposits increased 4.2 percent MoM (0.9 percent this year) two months ago, reaching in the total increase in deposits.

    MENAFN10052022000045014228ID1104186380

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