| Qatar’s banks may struggle to finance $130 billion of infrastructure projects if a worsening European debt crisis prompts foreign banks to pull back their business in the country, the nation’s planning office said.
The nation is the world’s biggest exporter of liquefied natural gas and home to the Qatar Investment Authority, the world’s 12th biggest sovereign wealth fund, according to the Las Vegas-based SWF Institute. After the 2008 global credit crisis, Qatar injected capital in its banks from its wealth fund and bought lenders’ equity and real estate portfolios...............................................Full Article: Source
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