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Results snapshot for listed banks in Qatar - 31 December 2017

Results snapshot for listed banks in Qatar

Analysis of the year-end financial statements issued by listed banks in Qatar.

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Omar Mahmood

Partner, Head of Financial Services

KPMG in Qatar

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This report analyses the year-end financial statements issued by listed banks in the country.

The report has shown that Qatar’s listed banks have enjoyed a healthy financial year 2017, reporting on average, a 6.5 percent profit increase year-on-year (YOY).

Cost-to-income ratios of all-bar-two banks have reduced year-on-year, reflecting the continued focus on efficiencies to improve net profits. Total deposits for listed banks grew by 12% YOY, a demonstration of the positive way in which Qatar’s banks have taken steps to manage the impacts of withdrawals, as a result of the recent blockade.

You can access the full analysis here.

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