Assets of Qatari banks reach $ 400 billion end of June

Qatar's commercial banks' holdings rose 2 percent on a monthly basis, reaching an all-time high, official data showed on Monday.

Bank badets reached R $ 1,455 billion ($ 400 billion) last month, up from R1,426 billion ($ 396.7 billion) in May.

On an annual basis, the badets of Qatari banks increased by 4.5 percent in June, from 1,392 billion riyals ($ 382.5 billion) in the same month in 2018.

The credit facilities granted by Qatari banks increased by 4.5 percent to 971.7 billion ryals (267 billion dollars) by the end of last month, against 929.7 billion ryals (255.5 billion dollars). ) a month ago.

There are 19 banks operating in the Qatari market, including 7 local commercial banks, five Islamic branches and seven foreign branches.
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