Friday 11 July 2014
Qatar banks

Overbanked Qatar bulks up for infrastructure boom

Qatari banks are bulking up to play a role in funding the country's massive infrastructure expansion. But in a country which is already overbanked by some measures, they may risk becoming too big. Doha Bank, Qatar's fifth-


Qatar slaps banks with Islamic units ban

Qatar's central bank asked conventional lenders to close down their Islamic operations amid worries of overlap between the two, banking sources said on Sunday, in a surprise move seen prompting other regions to follow suit. The central


Wealth management 'key for Qatar banks'

Pursuing new avenues of growth such as wealth management is critical for Qatari banks if they want to flourish in an overcrowded market and achieve a regional role that matches the country's economic super status, said an expert. With


Qatar bank support plan ‘includes cash, bonds’

Banks in Qatar will get cash and bonds in exchange for selling their real estate investments to the government under a QR15 billion ($4.12 billion) programme unveiled last week, a newspaper reported on Wednesday. Qatar said last week it wo


Qatar banks warned on credit policy

Qatari banks should revisit credit and investment policies due to the global financial crisis and strike a balance between growth and risk, the Qatari central bank governor was quoted as saying on Thursday. "Despite the positive outlook, w


Qatar banks' returns down

Most Qatar banks saw a drop in investment returns on their assets last year compared to 2006 levels, according to a report. Qatar National Bank saw returns on assets fall to 2.7 per cent in 2007 from 3.3 per cent in 2006, while Qatar Islam

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