Qatar banks post increase in LDR ratio

February 26, 2014 4:03 am

QNB Financial Services has said banks in Qatar have reported a 107% surge in loan-to-deposit ratio (LDR) at the end of January 2014, compared with 105% in the previous month, the Peninsula has reported. Loans climbed 2.3% month-over-month and deposits also grew by 1%, the report said. Going forward, the Gulf country’s banking sector is expected to see a rise in activity with public sector leading the way, QNB said.