Qatar banks can survive Gulf withdrawals, says rating firm

Money exchange office in Doha, Qatar, June 11, 2017. REUTERS/Tom Finn

Qatar banks are strong enough to survive the pullout of all Gulf money, according to S&P Global Ratings.

SPGR ran two hypothetical scenarios of capital flight, and concluded that Qatar’s lenders could survive the withdrawal of all Gulf deposits plus a quarter of the remaining foreign funds the banks


Leave a Reply

Your email address will not be published.


Drop a Comment Below

Baringo lady wins Sh1m in latest Lotto draw

Governor Mvurya, Mwakwere renew clash on Base Titanium