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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.
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.
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