Qatar Financial Services

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Given the positive economic performance in 2011, what was the strategy behind the interest cut?

What do you identify as the most significant impediments to industry consolidation?

With its exchange the best performing in the GCC region for the last two years, Qatar’s capital markets look set for further development going forward. Additional indices, new systems, and secondary and junior markets are all being established as part of a long-term strategy to make the country a major global financial centre. All this comes on the...

THE COMPANY: Qatar Islamic Bank (QIBK on the Qatar Exchange) is the third-largest bank in the country, with an 8.4% market share in terms of total assets in 2011, as well as the largest Islamic bank. Established in 1982, QIBK has a presence in Qatar and overseas, including Europe, Asia, the Middle East...

THE COMPANY: Qatar Electricity and Water (QEWS on the Qatar Exchange) is the country’s leading listed provider of utility services. QEWS, established in 1990, owns and operates power generation and water desalination plants in Qatar. Its installed power generation and water desalination capacity is 5432...

With six local conventional commercial banks, four Islamic finance houses, seven foreign bank branches and a development bank, Qatar has a wide range of financial intermediaries. The conventional commercial banks are led by Qatar National Bank (QNB), which reported in October 2012 that its total assets had increased 25.3% since September 30, 2011 to...

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