Total assets of the Qatari banking sector increased by 0.2 percent month-on-month in January (up 3.4 percent in 2023) to QR1.974 trillion. Total loans to the Qatari banking sector increased by 2.5 percent month-on-month in January (up 2.5 percent in 2023). Deposits increased by 2.9 percent month-on-month (-1.3 percent in 2023).), and the public sector pushed total credit up.
With deposits rising in January, the loan-to-deposit ratio fell to 130.1 percent from 130.6 percent in December 2023. Total loans increased by 2.5 percent in January 2024. Total public sector loans increased by 6.5 percent month-on-month (-1.6 percent in 2023).
Source (Al-Raya Qatari Newspaper, Edited)
