Qatar banking assets see 1.2% rise

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RIYADH: An increase in domestic investments and credit led Qatar's bank assets to grow by 1.2 percent month-on-month to 1.99 trillion Qatari riyals ($546.4 billion) in June. According to QNB Financial Services, this growth led to a 1.5 percent increase in banking sector assets in 2024 compared to 1.96 trillion rials recorded in December 2023. Domestic assets rose 0.7 percent monthly to 1.62 trillion riyals in June, while foreign assets. It reached 292.3 billion Rials with an increase of 3%.

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