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Islamic Finance Briefing - Categorized | Banking, Emerging Trends more

Crowded Qatar banking sector makes it ripe for consolidation

Posted on 03 September 2010

From Gulf-times.com: An over-capitalised and crowded banking industry in Qatar makes the sector that was helped out by the government last year ripe for mergers, say analysts.
β€œI think consolidation makes sense,” said Rami Sidani, head of Middle East and North Africa investment at Schroders in Dubai. β€œThere is not enough room for all these banks to be in the Qatari market.”………………………………………Full Article: Source

 
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