Tuesday 24, January 2012 by Robin Amlôt

Banking sector credit expands in Qatar

Bank deposits grew 5.7 per cent m/m (18.5 per cent y/y) in Qatar in December 2011, up from -5.2 per cent m/m (12.3 per cent y/y) in November.  Public sector deposits were the main driver of overall deposit growth, rising 15.6 per cent m/m (74.7 per cent y/y) in December, while private sector deposit growth was much more modest at 0 per cent m/m (6.3 per cent y/y).

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more