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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.
“I think consolidation makes sense,” said Rami Sidani, head of Middle East and North Africa investment at Schroders in Dubai. “There is not enough room for all these banks to be in the Qatari market.”………………………………………Full Article: Source

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