Banks assess loan exposure as Qatar crisis deepens:
"Qatari banks and financial institutions in neighbouring countries that have severed diplomatic and transport ties are assessing their exposure to each other and seeking to sell loans in the secondary market as the crisis threatens to deepen.
Qatar’s economy has been under pressure since June 5 when Saudi Arabia, the UAE, Bahrain and Egypt imposed travel and trade restrictions and accused Qatar of backing terrorism, a charge that Doha denies.
Banks on both sides are concerned that the situation is deteriorating and could further affect regional and global business. Lenders are reviewing existing exposure while writing new loans remains on hold."
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