Tag: QCB
Commercial Bank of Qatar launches ‘Fawran’ on its CIB portal
Commercial Bank of Qatar, a leader in innovative digital banking solutions, has introduced 'Fawran' on its Corporate Internet Banking (CIB) portal.
Fawran, designed as an...
Overall domestic loan increased 8.83% YoY to $310bn in Nov; QCB
According to the Qatar Central Bank (QCB), the credit extension to services, contracting and industrials grew faster than the overall domestic loan growth year-on-year...
Qatar payment systems processed transactions worth $1.13tn in 2020; QCB
In 2020, the payment systems of Qatar processed nearly 134 million transactions worth $1.13 trillion, according to Qatar Central Bank's (QCB) recent report.
QCB’s latest...
COVID-19 intensified the challenges faced by central banks; QCB governor
COVID-19 has added to the challenges confronted by central banks, which now have to address economic downturns, the emergence of new technologies and changing...
Qatar govt’s timely support aids its economic recovery
Qatar’s economy has recovered from the effects of the COVID-19 crisis with timely support by its government.
The Supreme Committee for Crisis Management has declared...
Qatar’s swift policy response to COVID-19 mitigated economic impact: IMF
The International Monetary Fund (IMF) has credited Qatar for its swift COVID-19 response which enabled it to mitigate the health and economic fallout...
Qatar may implement electronic cheques to curb bounces
Qatar Central Bank (QCB) Governer Sheikh Abdullah bin Saoud Al-Thani has updated that the apex bank is contemplating the introduction of a new system...
