The total assets of Qatar’s banking sector grew by 1.8% month-on-month (MoM) to QR2.206 trillion in April 2026, a 2.5% spike versus year-end 2025, said QNB Financial Services (QNBFS) in its monthly banking sector update.
“The banking sector loan book remained flat MoM (up 1.8% versus year-end 2025), while deposits increased by 1.7% MoM (up 5.3% versus year-end 2025) in April 2026. As such, the Loans to Deposits Ratio (LDR) decreased to 133% in April versus 135% in March (December 2025: 137%). However, as per QCB’s guideline for calculating the LDR (including stable sources of funds), the LDR is well below the 100% limit,” QNBFS noted.
Breaking down the data further, the public sector deposits expanded by 3.1% MoM (up 5% versus FY2025) in April 2026. The government segment represented approximately 31% of public sector deposits, which increased by 4% MoM.
“Moreover, the government institutions, which represent approximately 54% of public sector deposits, also increased by 2.1% MoM (up 7.6% versus FY2025), while the semi-government institutions’ segment (representing ~15% of public sector deposits) expanded by 4.8% MoM (+10.4% versus FY2025) during April 2026,” QNBFS stated further.
The non-resident deposits, on the other hand, moved up by 1.3% MoM (up 6.8% versus FY2025) during April this year.
“The private sector deposits climbed up 0.8% MoM (up 5% versus FY2025) in the review period. On the private sector front, companies and institutions receded by 1.9% sequentially (rose by 4.8% versus FY2025). On the other hand, the consumer segment increased by 2.9% MoM (increased 5.1% versus FY2025), QNBFS remarked in its report.
While the overall loan book remained flat MoM in April, due to strong performance from international loans and flat private sector loans that offset the private sector’s weak performance, the total public sector loans sequentially receded by 2.7% (a 6.5% decline versus FY2025) in April 2026.
“The government segment, which represents approximately 40% of public sector loans, decreased by 0.7% MoM (up 14.2% versus FY2025), while the government institutions segment, representing approximately 51% of total public sector loans, contracted by 4.7% MoM. On the other hand, the semi-government institutions’ segment, which is approximately 9% of total public sector loans, contributed positively, although immaterially, moving up by 0.8% MoM (up 11.3% versus FY2025) during April 2026,” QNBFS noted.
“The total private sector loans remained flat MoM (rose 0.9% versus FY2025) during the month of April, with the real estate segment increasing 2.7% MoM while personal loans declined 1.3%. All other segments were flat,” it concluded.