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FINANCIAL NEWS
Fitch expects Qatar’s 2013 GDP to reach 7%
25 May 2013
(MENAFN) Fitch Ratings stated that in 2013, Qatar’s gross domestic product (GDP) is projected to stand at 7 percent, reported Arabian Business.
The agency said that during the period, Qatari banks are expected to stay well capitalized, with most of them taking advantage of high Tier 1 ratios.
Furthermore, the year is projected to witness healthy profitability and margins, nevertheless, low interest rate environment and competition will continue to pressure margins.
According to the rating agency, asset-quality ratios in the Gulf country are among the best in the region and are expected to stay healthy in the year, even though some higher impairments have been offset by credit growth.
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BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
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02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
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