Banking Supervision Department

The department supervises banks operating in Qatar and licensed by QCB. In additions, banking supervision oversees all business, activities and disclosure reports provided by banks so as to maintain high-level disclosure and financial solvency standards, and effective implementation of risk management. It is responsible for making and analysing reports on banks data and activities, whether on solo or consolidated basis. All requests sent from banks are received, reviewed and responded by banking supervision department. Moreover, it is assigned to make studies and draft instructions, circulars, and guidelines to banks.

This section is assigned to make, update studies and draft instructions, circulars, and guidelines to banks in consistency with the applicable laws and the best international practices. To follow up the recent standards and consultative documents issued by the international organization and other relevant regional and global entities. Design and develop templets and systems for supervisory reports submitted to QCB by banks. Coordination with other supervision departments and the relevant departments to draw the vision and mission of the sector.

This section is responsible for the onsite examination and assessment as per the” RBS” risk based supervision approach. Carry out inspection tasks to banks headquarters, branches, and departments. In additions, examine and assess all banking issue as per QCB regulations, corporate governance, ICAAP “Internal Capital Adequacy Assessment Process”, assets quality, and compliance with banking ratios and indicators. Issue inspection reports including remarks, violations, and any detected risks and follow up the corrective actions.

This section is responsible for the offsite examination and assessment through the study and review of the financial statements and periodical reports submitted via the approved communication channels. All banking issues are examined and assessed in these reports as per QCB regulations including; asset and liabilities quality, and compliance with the banking ratios and indicators. Violations and remarks detected are reported to banks and the corrective actions are followed up by the section.

This section is responsible for study and analysis of periodical data and financial statements, and financial indicator reports as well. In addition, study the development and fluctuations occur within the whole banking sector to help identifying the emerging risks. The section, prepares the banking sector consolidated balance sheet, makes reports on bank financial and credit risks. Data required to make any reports requested by local, regional, and international entities are provided by the section.

This section receives requests from banks to obtain QCB non-objection, which are being studied as per QCB instructions to determine compliance with the relevant regulations. The impact of each request on the banking and financial indicators whether on the bank level or the whole banking system level is reviewed by the section. Receive and study requests of the banks new products offers and assess the related risks. Manage the customer secret numbers referred by banks when sending correspondences to QCB and upon making reports so as to maintain customers data confidentiality.

Banking Supervision Department ​

Banking Supervision Department