PwC in Qatar yesterday launched its full-year 2020 Qatar Banking Sector Report, which highlights the resilience displayed by Qatari banks despite volatility caused by the pandemic and drop in oil prices in the region.
19 Jan 2021 - 8:17
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The Peninsula
Doha: The aggregated total assets of Qatar’s eight listed commercial banks on the Qatar Stock Exchange grew by 3.7 percent to QR1.69 trillion in the first nine months of 2020 (Q3 2020), according to PwC in its latest ‘2020 Qatar Banking Sector Report’.
The report added that the banks’ aggregated loans and advances to customers grew by 4.5 percent to reach QR1.17 trillion, showing a steady growth in 2020 despite the implications of the COVID-19 pandemic.
The eight listed commercial banks on the Qatar Stock Exchange are Ahli Bank, Commercial Bank of Qatar, Doha Bank, Khaliji Bank, Qatar International Bank, Qatar International Islamic Bank, Qatar National Bank, and Rayan.