After years of benefiting from the strong growth of Qatar’s economy, especially within the hydrocarbon sector, domestic banks have faced a more challenging operating environment since global oil prices dropped markedly in 2014. In particular, tighter liquidity caused by reduced government and public sector deposits has led many banks to rethink their priorities and growth targets.
Yet despite the challenges, Qatari banks have continued to record solid growth figures, with the banking sector showing impressive signs of resilience.
