Qatar's Commercial Banks' Assets At Qr2tn In December 2024
(MENAFN- Gulf Times) Qatar's commercial banks have assets valued at QR2.05tn in December 2024, a 3.9% increase on an annualised basis.
This was disclosed by the Qatar Central bank in its social media handle X.
Total domestic credit of the commercial banks increased by 4.2% year-on-year to QR1.28tn in December 2024.
The commercial banks' total deposits expanded 2.4% on an annualised basis to QR826.7bn in the review period.
Broad money supply (M2) was, however, seen easing by 0.6% year-on-year to QR718.2bn in December 2024.
MENAFN03022025000067011011ID1109160415
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.