Qatar banking sector assets remain steady at QR2.2 trillion in June

Doha, Qatar reported that the banking sector maintained steady total assets of QR2.197 trillion in June 2026, staying the same as May but up 2.1% from the end of 2025. The sector's loan book remained flat at QR1.472 trillion month-on-month, reflecting a 2.6% growth since the year-end. Deposits held steady at QR1.105 trillion, with a 5.8% increase since year-end 2025.

The loan-to-deposit ratio (LDR) stayed unchanged at 133% in June, similar to the end of 2025. According to QNB's methodology, which includes stable funding sources, the LDR remains below the regulatory 100% ceiling. Public sector deposits grew by 3.2% month-on-month and 10.2% since last year, driven mainly by government institutions.

Deposits from semi-government institutions also increased by 4.3% month-on-month and 18.2% year-to-date. In contrast, government and semi-government deposits declined by 5.1% and 4.3% month-on-month, respectively, and were lower than year-end 2025 levels.

Private sector deposits fell 0.9% from May but remained 4.1% higher than the end of 2025. Industry and real estate financing showed declines, while other private sector segments remained relatively stable. Lending growth was broadly flat, with public and overseas loans offsetting weaker private sector demand. Public sector loans grew by 0.9%, while private sector lending declined by 0.8%.

Non-resident deposits eased by 2.7% month-on-month but still exceeded year-end levels by 1.7%, making up about 18% of total deposits. Asset quality indicators improved, with loan provisions to gross loans dropping to 3.8% from 4.1% in May, and loan loss provisions falling 6.8% month-on-month. The sector maintained a strong liquidity position, with liquid assets accounting for 30% of total assets in June.