10.04.2013 - Moody's: Qatar's banking system outlook remains stable
The outlook for Qatars banking system remains stable, unchanged since 2010, says Moodys Investors Service in a new report. The outlook reflects Qatar’s benign economic environment and the rating agency’s expectation that Qatari banks will maintain strong financial metrics, including low levels of non-performing loans (NPLs), robust earnings and sound capitalisation. However, Moody’s says that these positive factors are counterbalanced by (1) an undiversified economy heavily reliant on the oil and gas sector; (2) the system’s relatively high dependence on short-term foreign funding; and (3) a still-developing corporate-governance and risk-management culture...............................................Full Article: Source
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