Some 4.5mn cheques valued at QR345.6bn were processed in Qatar last year, Qatar Central Bank (QCB) data show.
Qatar’s banks “remain healthy” overall as more than 80% of their non-performing loans are provisioned, the Qatar Central Bank has said in a recent report.
Comprehensive insurance policy for vehicles belonging to motorists who have caused accidents or violated traffic laws will be costlier in Qatar, a move that the Qatar Central Bank said would lead to safer roads in the country.
Qatar Central Bank (QCB) has announced that Sunday, March 6 will be an official holiday for all banks and financial institutions under its supervision.
Qatar Central Bank (QCB) has released “2016 version” of coins of five denominations – Dh1, Dh5, Dh10, Dh25 and Dh50.
Authorities in Qatar will use fiscal policy and money market operations if needed to prevent low oil and gas prices from causing a liquidity crunch in the banking system, QCB governor was quoted as saying.
