The performance of the Qatari banking sector has recently deteriorated to a record low. Since the beginning of 2001 total customer deposits into local banks have decreased by 6.5 percent compared with the same period in the previous year, reported Al-Ittihad. The profitability of operating commercial banks in Qatar decreased by 6.2 percent since the beginning of 2001 compared with 2000. — (menareport.com)
© 2001 Mena Report (www.menareport.com)
