The net foreign assets deficit of commercial banks in Qatar declined by the end of last July by 15.2% on an annual basis to regarding 409 billion riyals.
The cash position bulletin of the banking system in Qatar last month showed a decrease in the value of liabilities on commercial banks in Qatar by 7.5% on an annual basis to 658.6 billion riyals, compared to an increase in assets by 9% to reach regarding 250 billion riyals.
On the other hand, the total net domestic assets decreased last month by 1% on an annual basis to 934.6 billion riyals, supported by an increase in credit by 7% to reach 1.03 trillion riyals, compared to a decline in net claims on the government by 23% to regarding 196.5 billion riyals.