Public spending drives Qatari banks’ loan book growth:
"Heavy public spending has boosted Qatari banks’ loan book growth to the highest in the GCC. Banks in Qatar registered the highest growth of 23.1 percent year-on-year in the second quarter of 2013. The overall loan book growth in the region during the period is 13.9 percent.
The region’s non-interest income growth during Q2, 2013 was led by Qatari banks, up 30.6 percent year-on-year. The profitability of banks in Qatar increased by 13.4 percent during the period, Global Investment House (GIH) noted yesterday in its quarterly analysis of GCC banking sector."
'via Blog this'
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