Qatar’s total domestic public debt, including the issuance from government; government institutions and quasi-governmental institutions, rose by QR29.7bn to reach QR427.8bn at the end of 2016. The balance of Qatar Government bonds and bills with banks increased about QR13bn to QR133.9bn.
The Group Securities’ reading of Qatar banks’ consolidated balance sheet data released by the Qatar Central Bank (QCB) shows the Government and public sector deposits in Qatar banks have increased by around QR8.1bn in December to reach the level of QR185.9bn.
Breakdown suggests government deposits stood at QR64.3bn and deposits of government institutions at QR93.3bn and semi-government institutions at QR28.3bn. Government and the public sector's total loans increased to reach QR293.9bn in December.
Banks' assets (and liabilities) increased by QR69bn to reach the level of QR1271.8bn by the end of December 2016, compared with QR1202.8bn in the previous month. The banks’ total deposits at Qatar Central bank increased by QR1.1bn to QR38.7bn. The breakdown shows QR 33bn as the obligatory reserve balance, a reserve set by QCB at the rate of 4.75 percent of the total customers' deposits at each bank. The mandatory reserve is deposited permanently and with no interest.
The total domestic private sector deposits at local banks, by the end of December, increased by QR4bn to QR347.7bn; in addition to deposits worth QR10bn by non-banking financial institutions.
Total domestic loans and credit facilities provided by banks to the local private sector increased by QR10.8bn to reach QR488.6bn, of which QR129.5bn accounts for real estate’s sector, QR120bn for individual’s consumer loans and QR64.7bn for trade. Banks investments in securities outside Qatar settled at the level of QR18.5bn, broken down as QR14.7bn in bonds and Sukuk, QR3.8bn in shares and others.
Local banks assets at banks outside Qatar increased by QR32.1bn to QR114.1bn. Bank loans to foreign parties increased QR1.4bn to reach the level of QR95.4bn and banks investments in foreign companies increased QR0.9bn to QR40bn.
Foreign banks liabilities on banks in Qatar increased QR415.8bn to QR192.5bn. While the indebtedness of local banks to foreign parties, in form of bonds and certificates of deposit, increased QR0.3bn to the level of QR49.1bn.
The balance of foreign deposits at Qatari banks increased QR36.4bn to QR183.2bn.
