How concerned are you that bank lending in the country could be impacted in 2016 given the current state of the economy? SEETHARAMAN: Lending is an overall function of economic momentum in the country. If the state is going to score 4.3% growth, then I would expect overall lending in the industry to expand by 7-8%. With regards to...
Given that the QCB’s current strategy for developing the state’s financial services industry ends in 2016, what are the new strategy’s objectives?
Do you expect infrastructure financing to continue playing a key part in local financing in 2016?
During her visit to Qatar in late November 2015, Christine Lagarde, the managing director of the IMF, issued a statement endorsing the regulatory work carried out by the Qatar Central Bank (QCB) in recent years. “Substantial progress has been made on enhancing financial sector regulation, including adopting the international regulatory...
The banking sector has seen steady, robust credit growth in recent years, even as macroeconomic indicators throughout the GCC have signalled a challenging period ahead. From end-2010 through December 2015 bank loans in Qatar expanded at a compound annual growth rate (CAGR) of 19%, according to figures from Qatar Central Bank (QCB). By the end...
The UK and Qatar share a history that goes back almost 200 years. This gives us the strongest possible basis for partnership, and we are working closely with government, business and non-governmental institutions as Qatar implements its National Vision 2030. This includes cooperation on infrastructure projects worth $200bn as Qatar prepares...
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