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Islamic Finance Briefing - Categorized | Banking, Performance more

Qatar: Assets of local banks grow by 21pct in Q1, 2010

Posted on 31 May 2010

From Gulf-times.com: Underpinned by the government’s sound fiscal measures, local banks have seen their assets growing by about 21% in the first quarter of this year compared with Q1, 2009, Qatar Central Bank Governor HE Sheikh Abdulla bin Saoud al-Thani has stated.

Addressing a business seminar on ‘changing market dynamics’ jointly hosted by Doha Bank and Doha Bank Assurance Company here he said measures undertaken by the QCB in line with Government directives have led to a ‘robust growth’ of the country’s banking industry…………………………………….Full Article: Source

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