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Islamic Finance Briefing - Categorized | Banking, Market Moves, Property, Projects, Infrastructure more

Overbanked Qatar bulks up for infrastructure boom

Posted on 02 November 2012

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-largest lender by market value and part-owned by the country’s sovereign wealth fund, announced plans in October to increase its share capital by 50 percent in the first quarter of next year, raising about $1.6 billion………………………………………..Full Article: Source

 
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