DOHA: Government and public sector deposits in Qatar banks have increased by about QR4.8bn to QR292.1bn in September 2018. Government deposits recorded QR96.3bn, and government institutions’ deposits reached QR164.1bn. The deposits of semi-government institutions, in which government share is less than 100 percent and more than 50 percent, stood at QR27.1bn in September.
The Group Securities analysis of Qatar banks’ consolidated balance sheet figures showed that the total loans of the government and public sector was increased by QR16.7bn to reach QR339.7bn in September. A breakdown shows government loans surged by QR15.9bn to QR171.8bn, while the loans by government institutions increased by QR1.1bn to QR148.7bn. The semi-government institutions’ loans were slipped by QR0.3bn to QR19.2bn.
The QCB numbers suggest that the balance of government bonds and bills increased by QR2.2bn to QR143.1bn. As a result, the total domestic public debt (government, government institutions and semi-government institutions) as well as bonds, bills and sukuk climbed by QR16.7bnn to QR482.8bn, in September.
The total domestic private sector deposits at local banks decreased by about QR4.6bn to QR343.9bn, by the end of September. Total domestic loans and credit facilities provided by banks to the local private sector increased by QR6bn to QR511.8bn; out of which QR148.2bn for the real estate sector, a decrease of QR0.3bn. Consumer loans provided to individuals stood at QR128.9bn, down by QR0.4bn and loans to services sector reached QR99.9bn, up by QR6.1bn. Loans to trade was down by QR0.1bn toQR71.1bn. In addition, QR13.9bn was provided as loans to the non-banking financial sector.
Commercial banks’ investments in securities outside Qatar stood still at QR17.5bn, and their assets at foreign banks decreased by QR15.5bn to QR78.3bn. Local banks’ loans to foreign parties dropped by QR0.6bn to QR83.2bn, and their investments in foreign companies increased by about 0.3 percent to QR39.9bn. Moreover commercial banks’ other assets outside the country stood still at QR4bn.
In contrast, foreign banks deposits from local banks decreased by QR5.1bn to QR206.4bn. Domestic banks’ foreigner debt, in the form of bonds and certificates of deposit, increased by QR0.5bn to QR53.2bn. The balance of foreign deposits at Qatari banks climbed by QR0.7bn to QR160bn.
