Gulf Times – Qatar banks’ cross-border assets at QR113.2bn in 2011

Cross-border assets of some 10 Qatari banks totalled QR113.2bn in 2011, up 28.5% on the previous year, according to a Qatar Central Bank report.
As in the previous year, a sizeable portion of the cross-border assets are in the form of customer credit last year, the QCB said in its “Financial Stability Review”.
Placement/lending with foreign financial institutions also increased significantly during the year.

* username: rupertbu