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Real Estate Briefing - Categorized | Finance, Middle East and Africa more

Qatar banks over exposed to real estate

Posted on 18 January 2013

Banks in Qatar are over exposed to the Gulf state’s real estate sector, according to investment bank SICO’s GCC Banking Sector Outlook for 2013.
Forty percent of private sector lending by banks goes to real estate developers and contractors, while most listed Qatari real estate companies reported disappointing results in 3Q2012………………………………………..Full Article: Source


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