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Qatar banks need new income to keep growing

Posted on 30 August 2010

From Thepeninsulaqatar.com: Pursuing new avenues of growth such as wealth management is critical for Qatari banks if they want to flourish in an overcrowded market and achieve a regional role that matches the country’s economic super status.

With a soaring economy and a gross domestic product expected to grow 16 percent this year, Qatar’s economic outlook is among the world’s brightest. But the financial windfall that has showered it in wealth will not be sufficient alone to propel its domestic banks to a more dominant role in the Gulf region…………………………………….Full Article: Source

 
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