Qatar Dispute Puts Pressure on Local Banks
Qatari banks are facing funding pressure, as foreign customers worried about Doha’s intensifying spat with its Arab neighbors withdraw deposits. Foreign deposits in Qatari banks fell nearly 8% month-over-month to 157.2 billion Qatari riyals ($43.2 billion) in July, after falling by a similar level in June, according to Qatar central…
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