16.07.2009 - Qatar: Bailout to fuel property growth
From Euromoney.com: Running a bank in Qatar appears to be getting easier all the time. The local government’s latest bailout plan for its financial sector will involve the state clearing up to $4.1 billion of troubled real estate loans and investment from lenders’ balance sheets. Details have been sparse – for example, about who will manage the assets. With the government lacking institutional capacity to collect repayments, the job might go back to the banks – potentially allowing lenders to reap fees for this.......Full Article: Source
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