Qatar Central Bank has published its 2025 Financial Stability Review, finding that Qatar’s financial system remained sound and able to withstand adverse scenarios despite geopolitical and global financial headwinds. Real gross domestic product grew 2.9%, while banking assets rose 5.1% and the nonperforming loan ratio improved to 3.4%. The capital adequacy ratio increased to 19.9%, and national banks maintained a Liquidity Coverage Ratio of 177.7% and a Net Stable Funding Ratio of 106.1%, both above regulatory minimums. Credit growth of 6.6% outpaced deposit growth of 1.7%, prompting greater use of market-based and external funding and reinforcing the need to monitor liquidity, funding profiles and external exposures. Retail payment values increased 82.1% to QAR 1.05 trillion, supported by growth in the Tahweel and Fawran systems. During 2025, the central bank also introduced sustainable finance, sustainability reporting, data protection and real estate escrow frameworks, while strengthening cyber resilience through its first sector-wide exercise and a new Cyber Forensics Laboratory.