The industry is constantly evolving. Qatar’s banking industry has grown at a an outstanding pace. The country recorded that the total loans and advances of leading commercial banks, which includes financing assets, grew by 19.8% and their aggregate profits increased by 17.5% in H12019, compared to the same period three years before. Currently, there are at least 20 commercial banks operating in the Qatar and they all operate through 223 local branches.
The sector is also undergoing broader changes, including a shift towards digital banking. The Central Bank is also working on the FinTech strategy to develop faster and lower-cost solutions in the services.
Market Research Qatar is committed to supports clients with financial advisory services in a wide range of areas such as retail and corporate banking, treasury, wealth and risk management, and digital banking. With deep knowledge about the market, we will help clients to address complex business issues in the industry.