11.03.2009 - Qatar to buy investment portfolios from banks
From Gulfnews.com: Qatar launched new measures to support its banking sector on Monday with a government plan to buy banks' investment portfolios in a bid to revive lending and support the economy, sending financial shares soaring. "The government is studying a system to take these shares from banks, which will help increase lending," Qatari Prime Minister Shaikh Hamad Bin Jassem Al Thani said, according to the state-run Qatar News Agency..... Full Article: Source
Print