Domestic banks in Qatar have long benefited from the country’s booming economy, which for much of the past decade has been among the fastest growing markets in the world. This growth has been driven by the development of Qatar’s vast hydrocarbon resources, as well as the expansion of the private sector and the huge sums of money being invested in infrastructure projects in the lead up to the country hosting the FIFA World Cup in 2022.
Yet, while Qatari banks continue to benefit from high levels of government support and construction financing, the landscape is slowly changing, bringing fresh changes but also opportunities for banks operating in the country.
