The customer deposits to total liabilities ratio of the eight listed commercial banks in Qatar grew over the nine months of 2019 from December 30, 2018, but declined in the last quarter of 2019, PwC has said in a report.
The ratio of the eight aggregated banks stood at 75.94% as on September 30, 2019, compared to its preceding average of 76.4% as on June 30, 2019 and 75.5% as on December 31, 2018 (an increase by 0.36 percentage points from FY 2018 but a decline of 0.46 percentage points from H1 2019), PwC said in its latest ‘Qatar Banking Sector’ report.
The total liabilities as on September 30, 2019 stood at QR1.38tn.
The balance increased by QR32bn since June 30, 2019 and by QR75bn over the nine months of 2019, from its corresponding QR1.31tn that was disclosed by the eight listed commercial banks in end-2018.
The interbank liabilities’ market share of each of the eight listed commercial banks on the Qatar Stock Exchange, PwC said.
With regard to “the due to banks to total liabilities ratio” as on September 30, 2019, it said the ratio for the aggregate of the depicted banks stood at 12.2% as on September 30, 2019, growing by 0.5 percentage points from 11.7% as on June 2019 and partially recovering from 12.8% as on December 2018. Based on the disclosed results of the listed commercial banks in Qatar, the aggregate total loans and advances to total assets ratio stood at 68.87% as on September 30, 2019, increasing by 0.25 percentage points over Q3 2019, from 68.62% that was witnessed on June 30, 2019.
The total customer deposits balance amounted to QR1.05tn as on September 30, 2019 (an increase of QR61.7bn or 6.22% over the first nine months of 2019 and an increase of QR18bn or 1.73% since June 30, 2019).
The eight listed commercial banks’ aggregate loans and advances to customer deposits ratio stood at 102.6% as on September 30, 2019, increasing by 1.2 percentage points from its corresponding value as on June 30, 2019, and close to recovery from 103.1% on December 31, 2018, PwC said.
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