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Doha, Qatar: Qatar’s banking sector has witnessed robust performance evident by the developments in the key indicators of the sector.
The domestic credit of commercial banks’ in Qatar witnessed a surge of 4.9 percent on yearly basis to QR1.35 trillion in December last year.
According to the official data released by the Qatar Central Bank (QCB), the assets, domestic deposit, domestic credit of commercial banks in Qatar witnessed growth.
The total domestic credit reflects the amount of financial resources that banks and other financial institutions provide to the rest of the domestic economy. Statistics on domestic credit are crucial for policymakers for monetary policy, and investors to gauge financial stability.
The total assets of commercial banks operating in Qatar increased by 5.1 percent to QR2.15 trillion in December 2025. The rise in assets underscores the sector’s resilience and its critical role in supporting Qatar’s broader economic diversification goals under National Vision 2030.
Conversely, the total domestic deposits rose by 2.6 percent on yearly basis to reach QR848.4bn during the same period. The total broad money supply (M2) increased by 3.5 percent to reach QR742.4bn in December last year on year-on-year basis.
In November last year the total assets of commercial banks witnessed a year-on-year expansion reaching QR2.15 trillion. The total domestic deposits also surged by 2.6 percent on yearly basis to reach QR865.9bn in November. While the domestic credit in the same period soared 4.8 percent year-on-year to QR1.36 trillion.
The total broad money supply (M2) increased by 1.2 percent to reach QR744.4bn in November 2025 on year-on-year basis.
Qatar has one of the most secure banking sectors. The Third Financial Sector Strategy 2024-30 seeks to unlock new growth areas by expanding offerings in environmental, social and governance financing, Islamic banking and small and medium-sized enterprise lending while advancing digital solutions that meet evolving customer expectations.
The banking sector stands to benefit from the country’s strategic vision – the Third National Development Strategy (NDS-3) for 2024-30, which prioritises financial services for future development and diversification.
Qatar is well positioned to become a leading centre of financial innovation. By prioritising customer-centric approaches and digital innovation, banks in the country have solidified their position as leaders in digital development.
