Monday, 10 December 2018

#Qatar banks' reserves rise 5 pct in Jan-Sept -central bank | Reuters

Qatar banks' reserves rise 5 pct in Jan-Sept -central bank | Reuters:

Qatar’s central bank governor said that the total reserves of Qatari banks grew 5 percent over the first nine months of 2018.

Preventive measures taken by Qatari banks have improved the resilience of the banking system, Sheikh Abdullah in Saud al-Thani said at a financial conference in Doha.

Qatar’s economy has overcome a boycott by other Gulf states and has become even stronger than before, he said.

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