Qatar banking sector total assets scale up 1.7% m-o-m to reach QR1.846tn in June: QNBFS

Qatar banking sector’s total assets have scaled up 1.7% month-on-month (m-o-m) and 1% this year until June to reach QR1.846tn, QNB Financial Services (QNBFS) said in a report.
Deposits went up by 1.7% during June 2022 to reach QR984bn. Deposits gain in June was mainly due to a 7.4% increase in public sector deposits, QNBFS noted in its ‘Qatar monthly banking sector’ update.
Deposits have gone up by 1% in 2022, compared to a growth of…