Thursday 10 November 2011

Gulf Times – Qatari banks ‘well-cushioned from high-risk costs’

Qatar banks’ strong margins and efficiency give them an effective cushion to face any potential increase in the cost of risk, Standard & Poor’s has said in a report.

Banks in Qatar have relatively stable market shares and barriers to entry remain high, it said in a report yesterday.

However, S&P Ratings Services believe Qatari banks’ “risk appetite” is high, given their “significant growth” in assets and “high exposure” to real estate lending.

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