The Group Securities Review of Banks
Consolidated Balance Sheet Data of December
2016
January 23, 2017
Assets (and liabilities) increase QR 69
billion to QR 127.8 billion
Government and public sector deposits
increase about QR 8.1 billion to QR 185.9
billion
Total domestic public debt rise about QR
29.6 billion to QR 427.8 billion
Domestic private sector's credit increases
by about QR 10.8 billion to QR 438.8 billion
Domestic private sector deposits increase
about QR 4 billion to reach QR 347.7 billion
The
Group Securities Company presents a detailed
reading of the changes that took place in
banks consolidated balance sheet in
December, compared to the situation at the
end of last November, as such data helps to
understand the situation of the domestic
liquidity. Figures of the consolidated
balance sheet, which have been recently
posted on Qatar Central Bank website, shows
that banks' assets (and liabilities)
increased by the end of December by QR 69
billion to reach the level of QR 1271.8
billion; compared with QR 1202.8 billion by
the end of November. In its reading, The
Group focuses on explaining changes in the
position of the key players: Qatar Central
Bank (QCB), the Government, Public Sector,
Private Sector, external sector, and the
interbank sector.
Qatar
Central Bank
Total banks' deposits at Qatar Central Bank
increased by QR 1.1 billion to the level of
QR 38.7 billion, broken down as follows:
· QR 33 billion as the obligatory
reserve balance, note that this reserve is
set by QCB at the rate of 4.75% of the total
customers' deposits at each bank. The
obligatory reserve is deposited permanently
and with no interest.
· QR 5.79 billion as banks free
balances at QCB.
Government and the Public Sector:
Government and public sector deposits
increased by around QR 8.1 billion to reach
the level of QR 185.9 billion, broken down
as follows: QR 64.3 billion for government;
QR 93.3 billion for government institutions;
and QR 28.3 billion for semi-governmental
institutions, in which government share is
less than 100% and more than 50%. On the
other hand, government and the public
sector's total loans increased to reach QR
293.9 billion, broken down as follows:
· Government: QR 138.7 billion, up by
QR 14.5 billion;
· Governmental institutions: QR 139.4
with a decrease of QR 0.7 billion;
· Semi - Governmental institutions: QR
15.8 billion, with an increase of QR 2.9
billion.
In
addition to the foregoing; the balance of
Qatar Government bonds and bills with banks
increased about QR 13 billion to reach the
level of QR 133.9 billion. The total
domestic public debt (government, government
institutions, quasi-governmental
institutions, bills and bonds) increased QR
29.7 billion to reach the level of QR 427.8
billion, as shown in the above infographic.
The
Private Sector:
The
total domestic private sector deposits at
local banks, by the end of December,
increased by QR 4 billion to reach the level
of QR 347.7 billion; in addition to deposits
worth QR 10 billion by non-banking financial
institutions. Total domestic loans and
credit facilities provided by banks to the
local private sector increased by QR 10.8
billion to reach QR 488.6 billion; out of
which QR 129.5 billion for real estate’s
sector, QR 120 billion for individual’s
consumer loans and QR 64.7 billion for
trade. There were also loans and facilities
worth QR 16.2 billion for the non-banking
financial, sector as shown in the above
infographic.
Foreign Sector:
Banks investments in securities outside
Qatar settled at the level of QR 18.5
billion, broken down as follows: QR 14.7
billion bonds and Sukuk, QR3.8 billion
shares and others. Local banks assets at
banks outside Qatar increased by QR 32.1
billion to reach QR 114.1 billion. Bank
loans to foreign parties increased QR 1.4
billion to reach the level of QR 95.4
billion and banks investments in foreign
companies increased QR 0.9 billion to QR 40
billion. In contrast, foreign banks
liabilities on banks in Qatar increased QR
415.8 billion to reach the level of QR 192.5
billion. While the indebtedness of local
banks to foreign parties, in form of bonds
and certificates of deposit, increased QR0.3
billion to the level of QR 49.1 billion. The
balance of foreign deposits at Qatari banks
increased QR 36.4 billion to QR 183.2
billion. By reconciling assets at home and
abroad with liabilities, we find that
banking sector's debt to the outside world
has increased QR 2.3 billion above the level
of debts in November to reach QR 156.8
billion in December.