Qatar Bank Liquidity Slumps in February After Deposits Decline
- Loan-to-deposit ratio increased to 125.9% in February
- Domestic bank deposits dropped 2.1% in February vs January
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Qatar bank liquidity tightened in February as customer deposits declined and lending rose in the world’s biggest exporter of liquefied natural gas.
Domestic customer deposits dropped 2.1 percent from the previous month to 541.1 billion riyals ($149 billion), while credit facilities within the country climbed 1.2 percent to 681.4 billion riyals, according to data posted on the central bank’s website. Lenders’ loan-to-deposit ratio climbed to 125.9 percent from 121.8 percent in January, according to Bloomberg calculations.