Wednesday 31 January 2018

Commercial Bank seeks to benefit from Qatar's Turkish ties - The Peninsula Qatar

Commercial Bank seeks to benefit from Qatar's Turkish ties - The Peninsula Qatar:

"Commercial Bank, Qatar's third largest bank by assets, is deploying more capital and focusing more on Turkey to benefit from closer political ties, its chief executive said. Ankara has emerged as a strong ally of Qatar after Saudi Arabia, United Arab Emirates, Bahrain and Egypt announced a blockade of Doha in June 2017. And Qatari lenders have sought to diversify funding sources since the siege began right months ago."



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