VOL. XXXV
NO. 48
31-AUGUST-1992
Financial and Banking News
Regional Banking
BCCI Casts Shadow over Two Qatari Banks, but Others Prosper
The performance of Qatar's commercial banks in 1991 was overshadowed by theneed for two banks to allocate enormous provisions against their exposure toBCCI. Doha Bank wiped QR107mn ($29mn) from its general reserves to make a 60%provision against its potential losses, while Qatar Islamic Bank (QIB) struck adeal with the Qatar Monetary Agency (QMA - Central Bank)...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!