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The QNB Financial Services Monthly Banking Sector Update for June 2026 reported a 3.2 percent month-on-month increase in public sector deposits that lifted the year-to-date expansion to 10.2 percent. Government institutions which form 58 percent of the segment posted a 7.2 percent monthly gain and a 20 percent rise from the end of 2025. Semi-government entities accounting for 15 percent advanced 4.3 percent over the month and 18.2 percent since December 2025 while core government deposits representing 27 percent fell 5.1 percent from May and stood 9.4 percent below year-end levels.
Total banking deposits remained unchanged at QR1.105 trillion in June for a 5.8 percent increase compared with December 2025 the QNBFS document indicated. Private sector deposits slipped 0.9 percent month-on-month yet recorded a 4.1 percent gain for the year with consumer deposits holding flat in June and consumer balances up 5.2 percent since the start of 2026. Non-resident deposits declined 2.7 percent over the month but rose 1.7 percent year-to-date and constituted 18 percent of overall deposits according to the same update.
Qatar Central Bank key indicators placed banking sector assets at QR2.1965 trillion at the end of June 2026 in line with the QNBFS assessment of steady holdings at QR2.197 trillion. The overall loan book stayed flat month-on-month at QR1.47 trillion for a 2.6 percent advance from December 2025 the QNBFS report showed. Public sector loans rose 0.9 percent in June though they remained 5.1 percent below year-end while private sector lending eased 0.8 percent from May and stood 0.8 percent higher since December.
Loans outside Qatar expanded 3.6 percent month-on-month and surged 56 percent from the end of 2025 within the same dataset. The loan-to-deposit ratio held at 133 percent on a monthly basis yet sat comfortably below the 100 percent regulatory threshold when measured under the Qatar Central Bank framework that incorporates stable funding sources. Industrial loans dropped 27.2 percent over the month and real estate lending eased 2.5 percent the QNBFS update detailed.
Asset quality exhibited modest improvement as loan provisions to gross loans eased to 3.8 percent in June from 4.1 percent in May and 4.0 percent at year-end 2025 according to the QNB Financial Services document. Total loan loss provisions contracted 6.8 percent month-on-month and stood 2.2 percent lower than December 2025. Liquid assets represented 30 percent of total assets in June matching the ratio recorded in both May 2026 and December 2025 and pointing to sustained liquidity buffers.
Earlier QNBFS reporting for September 2024 had placed total banking assets at QR2.03 trillion indicating continued expansion over the intervening period. The latest June 2026 data underscores the sector’s stability amid varied movements across deposit categories and loan segments. Qatar Central Bank publications have regularly supplied the underlying statistics that QNBFS analyses in its monthly updates.
