{"id":224058,"date":"2022-04-24T07:03:22","date_gmt":"2022-04-24T07:03:22","guid":{"rendered":"https:\/\/www.bnreport.com\/?p=224058"},"modified":"2022-04-24T07:03:22","modified_gmt":"2022-04-24T07:03:22","slug":"qatari-commercial-banks","status":"publish","type":"post","link":"https:\/\/www.bnreport.com\/en\/qatari-commercial-banks\/","title":{"rendered":"Assets of Qatari commercial banks rise 4.8% in March"},"content":{"rendered":"

Doha, (Business News Report)|| <\/strong>Assets of Qatari commercial banks increased by 4.8% during the month of March, compared to the same month last year.<\/p>\n

The assets of Qatari commercial banks reached 183.2 billion riyals ($50.32 billion), compared to $174.8 billion ($48 billion).<\/p>\n

The Central Bank of Qatar said that the assets of these banks during the month of March 2021 were 17.48 billion riyals ($4.80 billion).<\/p>\n

The assets of commercial banks consist of a total of three main components: reserves with the Central Bank, cash in circulation, and foreign assets, including balances with banks abroad.<\/p>\n

Assets also include credit granted outside Qatar, bank investments abroad, other assets, local assets including bank balances inside Qatar, local credit, local investments, and fixed assets.<\/p>\n

The balances of Qatari banks abroad rose last March to 121.7 billion riyals ($33.42 billion), an increase of 19 billion riyals ($5.22 billion) over the previous February, and compared to 110.9 billion riyals ($30.46 billion) before March 2021. .<\/p>\n

Total cash reserves and balances with the Qatar Central Bank<\/a> decreased in March to 87.6 billion riyals ($24 billion), compared to 89.2 billion riyals ($24.5 billion) a year ago.<\/p>\n

Foreign assets, led by credit granted by Qatari banks outside the country, declined to 68.38 billion riyals (17.87 billion dollars), compared to 74.9 billion riyals ($13.16 billion).<\/p>\n

Qatari banks’ investments abroad decreased to 57.85 billion riyals ($18.90 billion), compared to 58.7 billion riyals ($16.12 billion) in February, and 57 billion riyals ($15.66 billion) in March 2021.<\/p>\n

With regard to domestic assets, which include balances with Qatari banks, local credit and local investments, they rose in total to 114.7 billion riyals ($31.5 billion), compared to 114.1 billion ($31.34 billion) in February, and 109.9 billion riyals (30.18 billion). billion) in March 2021.<\/p>\n

Domestic credit now constitutes 62.6% of total banking assets. Balances with banks in Qatar rose in March to 58.9 billion riyals ($ 16.45 billion), compared to 52.2 billion riyals ($ 14.34 billion) in February, but decreased compared to 59.7 billion riyals ($16.40 billion) a year ago.<\/p>\n

Domestic investments increased in March to 240.3 billion riyals ($66 billion), compared to 239.6 billion riyals ($65.81 billion) in February, and 209.5 billion riyals ($57.54 billion).<\/p>\n","protected":false},"excerpt":{"rendered":"

Doha, (Business News Report)|| Assets of Qatari commercial banks increased by 4.8% during the month of March, compared to the same month last year. The assets of Qatari commercial banks reached 183.2 billion riyals ($50.32 billion), compared to $174.8 billion ($48 billion). The Central Bank of Qatar said that the assets of these banks during […]<\/p>\n","protected":false},"author":4,"featured_media":224059,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[202],"tags":[278,8208,8209],"class_list":["post-224058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","tag-featured","tag-oatar","tag-qatari-commercial-banks"],"yoast_head":"\nAssets of Qatari commercial banks rise 4.8% in March | BNReport<\/title>\n<meta name=\"description\" content=\"BNReport| Assets of Qatari commercial banks increased by 4.8% during the month of March, compared to the same month last year.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bnreport.com\/en\/qatari-commercial-banks\/\" \/>\n<meta property=\"og:locale\" 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