Qatar commercial banks’ total assets up 6.5% to QR2.12 trillion

Doha, Qatar: The total assets of commercial banks operating in Qatar increased by 6.5 percent to QR2.12 trillion in July 2025 according to Qatar Centr...

Doha, Qatar: The total assets of commercial banks operating in Qatar increased by 6.5 percent to QR2.12 trillion in July 2025 according to Qatar Central Bank (QCB) official data released yesterday. 

Qatar Central Bank posted on its X platform the key banking sector indicators recorded growth in July this year compared to last year. The key highlights from July 2025 Monthly Monetary Bulletin showed that the total assets of commercial banks saw year-on-year expansion by 6.5 percent to reach QR2.12 trillion.

The total domestic deposits also witnessed a jump by 2.3 percent on yearly basis to reach QR852.3bn in July this year. While the domestic credit in July 2025 soared 5.5 percent year-on-year to QR1.34 trillion.

QCB post further stated that the total broad money supply (M2) increased by 1.7 percent to reach QR739.5bn in July 2025 on year-on-year basis.

Qatar’s banks have withstood global and regional uncertainties, leaving them in a strong position for further growth. The sector’s banks stand to benefit from the country’s strategic vision – the Third National Development Strategy (NDS-3) for 2024-30, which prioritises financial services in Qatar’s future development and diversification.