Qatar banking assets see 1.2% rise

by

RIYADH: Qatar’s banking assets grew by 1.2% month-on-month in June to Qatari riyals 1.99 trillion (USD 546.4 billion), driven by domestic investment and credit growth. The growth contributed to a 1.5% increase in banking sector assets in 2024 compared to QNB Financial Services’ QNB 1.96 trillion in December 2023. Domestic assets increased by 0.7% month-on-month in June to Qatari riyals 1.62 trillion, while foreign assets increased by 3% to Qatari riyals 292.3 billion.

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