VOL. XLV

No 9

4-March-2002

QATAR

Moodys Says Asset Quality AndProfitability Of Qatari Banks Under Pressure

Ratings agency Moodys InvestorsService said in its latest Banking System Outlook for Qatar released on 26 Februarythat Qatars banks enjoyed a sound banking system structure and satisfactoryearning power but were heavily reliant on a difficult operating environment inwhich banks are held hostage to the states financing needs, itself dependenton oil prices. The report notes that the banks...