Mubasher: Qatari loans rose 1.08% month-on-month to QAR 920.97 billion ($252.99 billion) in January 2018, a report released by Qatar Central Bank (QCB) on Thursday.
Year-on-year, loans hiked 7.8% in 2017 compared to 2016.
The QCB attributed the monthly increase to the private and public sectors’ loans.
The public sector’s loans rose 2.2% to QAR 367.55 billion in January from QAR 359.50 billion in December 2017, while the private sector’s loans inched up 0.4% month-on-month to QAR 532.69 billion.
Loans at non-banking financial institutions went down 1.2% to QAR 532.69 billion in January versus QAR 530.54 billion in the previous month, the data showed.
