Wednesday 21 May 2014

Qatar's CBQ, Doha Bank may raise new capital in 2015 - analyst | Reuters

Qatar's CBQ, Doha Bank may raise new capital in 2015 - analyst | Reuters:



"Commercial Bank of Qatar (CBQ) and Doha Bank may need to increase their capital next year by $412 million each to abide by expected central bank regulations, U.S. investment bank Morgan Stanley said in a report.



While Qatari banks have formally adopted Basel 3 international regulations as of early this year, the investment bank expects Qatar's central bank to impose higher capital requirements that could go up to 16 percent of risk-weighted assets in 2019.


Qatari banks will choose to raise capital, rather than curtail growth or cut dividends to zero, and might also look at further overseas expansions to beat limited growth prospects in a country of 1.7 million people, the report said."



'via Blog this'

No comments:

Post a Comment