VOL. XLIII

No. 32

7-August-2000

QATAR

Qatars Banks Maintain Strong Track Record With 1999 Results...

Qatars domestic banks recorded a 6% year-on-year increase in profits at the close of 1999 and, in the main, an improved performance compared to the previous year (see tables below). The results belie last years predictions that the asset quality of 1998 might fall further and that tight liquidity and exposure to the government could undermine the financial sector as a whole (MEES, 28 June 1999)....