Financial and Banking News
New Liquidity Ratio for Qatari Banks
Qatari banks have until 1 May to conform to new liquidity regulationsannounced by the Emirate's central bank, the Qatar Monetary Agency (QMA). A QMAcircular dated 18 March stipulates that banks' liquid funds must be equivalentto not less than 35% of their deposits and interbank borrowings. This is thefirst time that the QMA has imposed liquidity ratios on institutions under its...