Total banking sector assets in Qatar increased by 1.2 percent month-on-month (1.5 percent in 2024) in June 2024 to QAR 1.999 trillion.
The total loan portfolio in the banking sector increased by 0.4 percent month-on-month (up 2.9 percent in 2024). Deposits decreased slightly month-on-month (up 4.6% in 2024) in June 2024. The private sector services sector continued to drive up overall credit. With deposits declining slightly in June, the loan-to-deposit ratio rose to 128.4 percent, compared to 127.9 percent in May 2024.
