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Qatari banks

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Qatari banks

Qatari lenders strained under the ongoing diplomatic row

Emiratesvoice, emirates voice Qatari lenders strained under the ongoing diplomatic row282996/243
Dubai - Emirates Voice
Government deposits have extended a lifeline to Qatari banks, easing some of the damage of deposits outflow in the wake of the diplomatic row with the Arab quartet of Saudi Arabia, the UAE, Bahrain and Egypt. However, any escalation of the dispute or it continuing over an extended period will increase pressure, affect asset quality and impact the profitability ofRead more

Qatari banks in talks to form Sharia-compliant $44-bn

Emiratesvoice, emirates voice Qatari banks in talks to form Sharia-compliant $44-bn223890/83
Doha - AFP
Three Qatari banks announced Tuesday that they are in merger talks to create a financial institution with assets of more than $44 billion. Masraf Al Rayan, Barwa Bank and International Bank of Qatar said the potential merger would create the third largest Sharia-compliant bank in the Middle East, in a statement released to the Qatar Stock Exchange. The banks hadRead more

Moody’s maintains stable outlook on Qatar’s banking system

Emiratesvoice, emirates voice Moody’s maintains stable outlook on Qatar’s banking system195137/90
Dubai - Arab Today
Moody's Investors Service's outlook for Qatar's banking system remains stable, unchanged since 2010. The outlook reflects the rating agency's expectation that operating conditions will remain favorable for Qatari banks as a result of high government spending amid low oil prices. The outlook expresses Moody's expectation of how bank creditworthiness will evolve in Qatar over the next 12-18 months. Moody's report,Read more

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