Robust expansion in core earnings and better cost management have helped Qatar's banking sector display better cost-efficiency among Gulf lenders, according to experts.
KPMG has launched the inaugural edition of its annual ‘Qatar banking perspectives’ publication, examining key issues and trends in the global banking industry and how they impact banks in the country.
Plans are being explored to open Turkish banks in Qatar as part of Turkey’s efforts to widen its investments in the Qatari market, ambassador Fikret Ozer has said.
Qatar’s banking sector remains healthy, reflecting high asset quality and robust capitalisation; even as the Qatar Central Bank (QCB) should consider introducing additional indicators in the real estate ...
Qatar’s banking sector has grown in all its major parameters in March, registering year-on-year growth in its deposits, credit and assets, QNB’s latest country report has shown.
Global credit rating agency Moody’s has upgraded Qatar’s banking sector outlook to “stable” from “negative”, reflecting the resilience of the country's economy and banking system ...
Qatar’s banking sector is now very stable and on a solid footing thanks to QCB’s prudent policies, said prominent Qatari banker and CEO of Qatar International Islamic Bank Dr Abdulbasit Ahmad al-Shaibei.
Faster expansion in domestic deposits largely mitigated the weakening overseas inflows, helping Doha's banking sector register a healthy more than 17% growth in total deposit mobilisation to QR794.28bn, according to the Qatar Central Bank figures.
Despite continued improvements in liquidity conditions in Saudi Arabia's commercial banking sector, credit demand will remain subdued throughout the rest of 2017, owing to a weak macroeconomic backdrop, BMI Research has said.