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Qatar banks’ profitability to stay strong over 12 months, says S&P

Qatari banks’ profitability is likely to remain “strong” over the next 12 months, even as risks remain on “structural mismatches” in their balance sheets, credit concentration and the country’s heavy reliance on hydrocarbons, according to global credit rating agency Standard & Poor’s. Qatar’s banking sector has been classified under Group…

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Click here to read the full story: Gulf Times

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