Wednesday, March 20, 2013

QNBFS ‘cautiously optimistic’ on Qatar bank sector in 2013


QNB Financial Services (QNBFS) is “cautiously optimistic” on Qatar’s banking sector, which is expected to witness a 15%-20% loan growth and a 9.9% in aggregate net income this year; even as net interest margins are slated to see a 10 basis points fall.

While 2012 was a subdued year for most banks (the banking index fell 1.3% against a 4.6% gain in the benchmark QE index), “we believe 2013 could be brighter”, QNBFS said in its inaugural quarterly coverage on the country’s banking sector.

However, it said “we are cautiously optimistic on the Qatari banking sector in 2013.”

Credit growth will remain robust (15% to 20% in 2013 compared to 26.4% in 2012) but will be “hampered” by competitive intensity in the first half of this year. Hence, margins are likely to remain under “pressure” during the review period.


Read more: http://www.gulf-times.com/business/191/details/346212/qnbfs-%e2%80%98cautiously-optimistic%e2%80%99-on-qatar-bank-sector-in-2013

1 comment:

  1. Hello Everybody,
    My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

    BORROWERS APPLICATION DETAILS


    1. Name Of Applicant in Full:……..
    2. Telephone Numbers:……….
    3. Address and Location:…….
    4. Amount in request………..
    5. Repayment Period:………..
    6. Purpose Of Loan………….
    7. country…………………
    8. phone…………………..
    9. occupation………………
    10.age/sex…………………
    11.Monthly Income…………..
    12.Email……………..

    Regards.
    Managements
    Email Kindly Contact: urgentloan22@gmail.com

    ReplyDelete

ShareThis