Gulf Times – Qatari banks’ lending growth healthy: S&P

The outlook for lending growth remains healthy for Qatari banks, Standard & Poor’s said in its latest ‘Middle East outlook’.
For banks in Qatar and elsewhere in the GCC region, funding profiles have improved visibly in the past few years on the back of declining balance sheet growth, said Timucin Engin, credit analyst at Standard & Poor’s Ratings Services.
The outlook for lending growth in Kuwait and the UAE remains limited, but like Qatar it is healthy for Saudi Arabia and Oman, he said.

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