Gulf Times - Credit
Qatar Islamic banks post double-digit credit extension growth in July

Qatar Islamic banks post double-digit credit extension growth in July

Islamic banks in Qatar registered a strong double-digit year-on-year growth in credit extension in July, substantially outpacing the loan growth within the conventional domestic banks ...

Robust private sector credit offtake boosts Qatar bank assets

Robust private sector credit offtake boosts Qatar bank assets

A robust double-digit growth in credit to the private sector has outpaced total loan expansion within Qatar’s commercial banks at the end of June 2019 ...

EU fines Mastercard 570 mn euros in anti-trust action

EU fines Mastercard 570 mn euros in anti-trust action

The European Union has fined global credit card giant Mastercard 570 million euros ($647 million) for limiting competition between banks offering cheaper payment fees.

Qatar banks stay healthy, 80% of NPLs provisioned

Qatar banks stay healthy, 80% of NPLs provisioned

Qatar’s banks “remain healthy” overall as more than 80% of their non-performing loans are provisioned, the Qatar Central Bank has said in a recent report.

The provision of credit and economic diversification

The provision of credit and economic diversification

Continuing my series of articles on the development of Qatar’s financial sector and its contribution to economic diversification...

Credit Suisse faces penalty in Japan

Credit Suisse faces penalty in Japan

Credit Suisse Group faces punishment in Japan after the nation’s securities watchdog found that it leaked private information about a company.