Arab Today, arab today qnbfs monthly banking sector update
Last Updated : GMT 04:17:37
Arab Today, arab today
Arab Today, arab today

QNBFS monthly banking sector update

Arab Today, arab today

Arab Today, arab today QNBFS monthly banking sector update

Qatar National Bank
Doha - QNA

The loan book grew by 3.2% Month on Month (MoM) (+3.5 YTD) after growing by 1.7% MoM in February 2015 (receding by 1.4% MoM in January 2015). Deposits followed suit and gained by 3.1% MoM (+3.3 YTD) in the month of March 2015. Public sector drove total credit growth with a gain of 4.6% MoM (down 1.3% YTD). Moreover, public sector deposits ticked up by 1.3% MoM (flattish YTD). Thus, the LDR remained at 109% vs. 109% at the end of February.

The public sector deposits climbed up by 1.3% MoM for the month of March 2015 vs. a robust growth of 5.2% MoM in February. Delving into segment details, the government institutions’ segment (represents ~59% of public sector deposits) declined by 6.6% MoM (+4.2% YTD). Moreover, the semi-government institutions’ segment posted weak performance, contracting by 19.4% MoM (down 16.2% YTD). On the other hand, the government segment surged by 50.1% MoM (+2.6% YTD) after dropping by 11.4% and 22.9% in February and January 2015, respectively. On the Private sector front, the companies & institutions’ segment gained by 2.5% MoM (down 2.4% YTD). The consumer segment followed suit and climbed up by 2.2% MoM (+4.9% YTD). Non-resident deposits grew by 15.5% MoM (+31.4% YTD).

The overall loan book continued its growth trajectory and posted healthy performance. Total domestic public sector loans increased by 4.6% MoM (down 1.3% YTD) vs. a marginal growth of 1.5% MoM in February 2015. The government segment’s loan book expanded by 23.7% MoM (+5.7% YTD). Moreover the government institutions’ segment (represents ~60% of public sector loans) exhibited flattish performance after declining by 2.5% MoM in February (down 2.4% YTD). However, semi-government institutions’ segment declined by 11.9% MoM (down 12.3% YTD). Hence, the government sub-segment pushed the overall loan book up for the month of March 2015.

Private sector loans grew by 3.1% MoM (+4.7% YTD) vs. a flattish performance in February 2015. The Services segment followed by Consumption & Others positively contributed toward the loan growth. Loans to the Services segment expanded by 7.4% MoM (+7.7% YTD) while Consumption and Others (contributes ~31% to private sector loans) increased by 4.3% MoM (+7.4% YTD). On the other hand, Contractors (contributes ~9% to private sector loans) marginally dipped by 0.6% MoM (+6.2% YTD) while Real Estate (contributes ~26% to private sector loans) displayed flat performance MoM (down 0.9% YTD).

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qnbfs monthly banking sector update Arab Today, arab today qnbfs monthly banking sector update

 



Arab Today, arab today
Arab Today, arab today Nasima Gamei revives Algerian heritage in jewelries

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives Algerian heritage in jewelries
Arab Today, arab today Saudis await visitors but will they come?

GMT 11:54 2017 Thursday ,23 February

Saudis await visitors but will they come?
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Blind sheikh buried in Egypt

GMT 06:32 2017 Thursday ,23 February

Blind sheikh buried in Egypt
Arab Today, arab today Media host Mona Iraqi stresses her show's success

GMT 15:32 2017 Wednesday ,22 February

Media host Mona Iraqi stresses her show's success
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today To hold social dialogue over secondary school

GMT 07:43 2017 Wednesday ,22 February

To hold social dialogue over secondary school
Arab Today, arab today UK appoints 1st Scotland Yard chief in 188 years

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years
Arab Today, arab today Ex-yoga missionary unleashes rage

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Tesla back into red but revenue grows

GMT 07:27 2017 Thursday ,23 February

Tesla back into red but revenue grows
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Salma Rashid happy for 'A Whisper of Love'

GMT 05:19 2017 Tuesday ,21 February

Salma Rashid happy for 'A Whisper of Love'
Arab Today, arab today Milan laughs while Rome cries

GMT 10:28 2017 Wednesday ,22 February

Milan laughs while Rome cries

GMT 06:41 2017 Monday ,20 February

Janat pleased for issuing 'Good Morning'

GMT 12:35 2017 Tuesday ,21 February

63-Year-Old Woman Delivers Baby

GMT 20:02 2017 Tuesday ,21 February

Nohan Seyam designs beautiful accessories

GMT 15:53 2017 Tuesday ,21 February

Small ponds have outsized impact

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 07:51 2017 Wednesday ,22 February

Mom's immune system accepts babies

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:22 2017 Monday ,20 February

Kanye West puts hijab-wearing model
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday