Qatar commercial banks' assets jump 6.3% year-on-year to QR2.13tn in October: QCB

04/12/2025 08:53 AST

Qatar's commercial banks witnessed a 6.3% year-on-year jump in total assets to QR2.13tn in October 2025, according to the Qatar Central Bank (QCB) data.

Domestic assets amounted to QR1.82tn or 85% of the total assets of the commercial banks and foreign assets stood at QR0.31tn or 15% of the total in the review period.

Total domestic credit rose 5.1% year-on-year to QR1.36tn at the end of October 2025, the central bank said on X. The commercial banks' overseas credit amounted to QR65.15bn in the review period.

Private sector credit stood at QR955.58bn (67% of the total credit), public sector credit amounted to QR462.84bn (32%) and credit facilities to non-banking financial institutions were QR9.79bn at the end of October 2025.

Of the QR955.58bn private sector credit, the commercial banks' domestic credit amounted to QR918.55bn and outside Qatar amounted to QR37.03bn in the review period.

In the case of public sector, the commercial banks' domestic credit amounted to QR436.84bn and outside Qatar stood at QR25.99bn in October 2025.

Of the total QR1.36tn domestic credit from the commercial banks, services received QR471.89bn, real estate (QR267.51bn), trading (QR216.43bn), consumption loans (QR182.45bn), government (QR157.93bn), industry (QR27.47bn) and contractors (QR36.8bn) in the review period.

The commercial lenders' other assets stood at QR49.2bn with inside Qatar at QR39.55bn and outside the country at QR9.66bn at the end of October 2025.

The commercial banks' securities portfolio stood at QR339.91bn with debt securities at QR199.34bn and sukuk at QR133.61bn in October this year.

Of the QR339.91bn total securities portfolio, domestic portfolio stood at QR299.41bn and outside Qatar at QR40.5bn during the review period.

Of the QR199.34bn debt securities, those issued by governments amounted to QR125.23bn, banks at QR10.61bn and others at QR62.95bn. In the case of sukuks, those issued by government stood at QR117.63bn, banks at QR10.31bn and others at QR5.67bn at the end of October 2025.

The banks' investments in subsidiaries and associated amounted to QR53.2bn with inside Qatar at QR7.09bn and outside the country at QR46.11bn at the end of October 2025.

Total domestic deposits were up 0.9% year-on-year to QR850.23bn in the review period. Of which, personal deposits stood at QR278.26bn, government institutions' at QR190.01bn, private sector at QR193.52bn, semi-government entities' at QR44.06bn and non-banking financial institutions at QR14.17bn in October 2025.

Broad money supply (M2) rose 0.9% year-on-year to QR740.3bn in October 2025.

Gulf Times