The total assets of the banking sector in Qatar increased last August by 0.7 percent, compared to the month of July 2022, which recorded 0.1 percent, to reach 1.828 trillion Qatari riyals.
The total banking sector loan portfolio increased by 0.6% compared to the previous month (recording 0.2% in 2022), while deposits increased by 0.9% compared to the previous month (recording -0.1% in 2022).
Deposits recorded an increase of 0.9% in August, while the ratio of deposits to loans decreased slightly to 125.2% in the same month, compared to 125.5% in July of 2022. The total loan portfolio also increased by 0.6 percent in August 2022, as local public sector loans recorded an increase of 1.7 percent compared to the previous month (-4.5% in 2022). The government sector (which represents about 32% of public sector loans) increased by 3.9 percent compared to the previous month, recording -18.1% in 2022.
Source (Al-Raya Newspaper, Edited)
