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Islamic Finance Briefing - Categorized | Banking, Bonds (Sukuk) more

Qatar banks urged to issue more bonds

Posted on 05 July 2012

Qatari banks need to depend less on deposits and issue more debt and Islamic bonds to raise capital if they are to continue fuelling the country’s breakneck expansion without encountering future problems, an executive at Standard & Poor’s said.
Loan growth in Qatar, which posted a 14.1% increase in GDP last year, stood at 28% in 2011, according to a new report from the ratings agency on the state of the Gulf Co-operation Council (GCC) banking sector. ……………………………………….Full Article: Source

 
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