Official data issued by the Central Bank of Qatar revealed that the value of the total assets of commercial banks operating in the State of Qatar by the end of June 2024 increased by 4.9 percent in a year. The value of assets rose to 1.999 trillion riyals, compared to 1.906 trillion riyals at the end of June 2023.
According to a survey issued by the Central Bank of Qatar, the assets of commercial banks in Qatar grew by 1.21 percent, or 23.83 billion riyals, compared to their level in May 2024 of 1.975 trillion riyals. Since the beginning of this year, the assets of Qatar banks have increased by 1.51 percent, equivalent to 29.77 billion riyals, from their level at the end of December 2023 of 1.969 trillion riyals.
Source (Al-Raya Qatari Newspaper, Edited)
