The Group Securities Review of Banks
Consolidated Balance Sheet Data of February 2017
After excluding the balance sheet of Qatar Development Bank
whose assets are estimated at QR 9 billion.
April 3, 2017
-
Assets (and
liabilities) increase QR 2.5 billion to QR 1264.4 billion.
-
Government and public
sector deposits increase about QR 26.6 billion to QR 195.8
billion.
-
Total domestic public
debt rise about QR 18.1 billion to QR 436.9 billion.
-
Domestic private
sector's credit decreases by about QR 2.1 billion to QR
361.9 billion
-
Domestic private
sector deposits increase about QR 5 billion to reach QR
361.9 billion
The
Group Securities Company presents a detailed reading of the
changes that took place in banks consolidated balance sheet in
February 2017, compared to the situation at the end of last
January, 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 February by QR 2.5 billion to reach the level of QR 1264.4
billion; compared with QR 1261.9 billion by the end of January.
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 decreased by QR 1.5 billion to the level of QR 44.3
billion, broken down as follows:
·
QR 35 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 9.39 billion as banks free
balances at QCB.
Government and the Public
Sector:
Government and public sector
deposits increased by around QR 26.6 billion to reach the level
of QR 195.8 billion, broken down as follows: QR 67.1 billion for
government; QR 96.6 billion for government institutions; and QR
32.1 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 about QR 18.1 billion to reach QR 318.9 billion,
broken down as follows:
·
Government: QR 165.5 billion, up by
QR 17.8 billion;
·
Governmental institutions: QR 140.1
billion with an increase of QR 0.3 billion;
·
Semi - Governmental institutions: QR
13.3 billion, with no change.
In
addition to the foregoing; the balance of Qatar Government bonds
and bills with banks settled at the level of QR 118 billion with
no change. The total domestic public debt (government,
government institutions, quasi-governmental institutions, bills
and bonds) increased QR 18.1 billion to reach the level of QR
436.9 billion, as shown in the above infographic.
The
Private Sector:
The
total domestic private sector deposits at local banks, by the
end of February, increased by QR 5 billion to reach the level of
QR 361.9 billion; in addition to deposits worth QR 10.7 billion
by non-banking financial institutions. Total domestic loans and
credit facilities provided by banks to the local private sector
decreased by QR 2.1 billion to reach QR 438.5 billion; out of
which QR 131.5 billion for real estate’s sector, QR 121.4
billion for individual’s consumer loans, QR 61.3 billion for
services and QR 60.9 for trade. There were also loans and
facilities worth QR 15.7 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 17.94 billion, broken
down as follows: QR 14.54 billion bonds and Sukuk, QR3.4 billion
shares and others. Local banks assets at banks outside Qatar
decreased by QR 3.6 billion to reach QR 93.6 billion. Bank loans
to foreign parties decreased QR 1.5 billion to reach the level
of QR 94.9 billion and banks investments in foreign companies
settled at the level of QR 39.9 billion. In contrast, foreign
banks liabilities on banks in Qatar decreased QR 1.8 billion to
reach the level of QR 197.4 billion. While the indebtedness of
local banks to foreign parties, in form of bonds and
certificates of deposit, decreased QR2.2 billion to the level of
QR 49.1 billion. The balance of foreign deposits at Qatari banks
decreased QR 10.6 billion to QR 185.8 billion. By reconciling
assets at home and abroad with liabilities, we find that banking
sector's debt to the outside world has decreased QR 9.4 billion
below the level of debts in January to reach QR 186 billion.
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