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The Group Securities Review of Banks
Consolidated Balance Sheet Data of March 2017
April 25, 2017
The Group
Securities Company presents a detailed reading of the changes
that took place in banks consolidated balance sheet in March
2017, compared to the situation at the end of last February, 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 March by
QR 18.1 billion to reach the level of QR 1282.5 billion;
compared with QR 1264.4 billion by the end of February. 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 1.0 billion to
the level of QR 43.3 billion, broken down as follows:
·
QR 36 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 7.3 billion as banks free balances at QCB.
Government and
the Public Sector:
Government and
public sector deposits decreased by around QR 7.6 billion to
reach the level of QR 188 billion, broken down as follows: QR 61
billion for government; QR 96.6 billion for government
institutions; and QR 30.4 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 decreased about QR 13.8 billion to reach QR
305.1 billion, broken down as follows:
·
Government: QR 150.9 billion, down by QR 14.6 billion;
·
Governmental institutions: QR 140.5 billion with an increase of QR
0.4 billion;
·
Semi - Governmental institutions: QR 13.7 billion, up QR 0.4
billion.
In addition to
the foregoing; the balance of Qatar Government bonds and bills
with banks increased QR 0.8 billion to reach the level of QR
118.8 billion. The total domestic public debt (government,
government institutions, quasi-governmental institutions, bills
and bonds) decreased QR 13 billion to reach the level of QR
423.9 billion, as shown in the above infographic.
The Private
Sector:
The total
domestic private sector deposits at local banks, by the end of
March, increased by QR 2.4 billion to reach the level of QR
364.3 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
increased by QR 0.5 billion to
reach QR 439
billion; out of which QR 132 billion for real estate’s sector, QR 121.3
billion for individual’s consumer loans, QR 62.2 billion for
services and QR 61.2 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 increased about QR 1
billion to reach the level of QR 18.9 billion, broken down as
follows: QR 15.5 billion bonds and Sukuk, QR3.3 billion shares
and others. Local banks assets at banks outside Qatar increased
by QR 18.9 billion to reach QR 112.5 billion. Bank loans to
foreign parties increased QR 0.8 billion to reach the level of
QR 95.7 billion and banks investments in foreign companies
settled at the level of QR 39.8 billion. In contrast, foreign
banks liabilities on banks in Qatar increased QR 11.2 billion to
reach the level of QR 208.6 billion. While the indebtedness of
local banks to foreign parties, in form of bonds and
certificates of deposit, decreased QR 1.9 billion to the level
of QR 47.2 billion. The balance of foreign deposits at Qatari
banks increased QR 4.1 billion to QR 189.9 billion. By
reconciling assets at home and abroad with liabilities, we find
that banking sector's debt to the outside world has decreased QR
7.2 billion below the level of debts in February to reach QR
178.8 billion.
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