From The Report: Qatar 2024
View in Online Reader

Qatar’s banks have withstood recent global and regional uncertainties, leaving them in a strong position for further growth. The sector’s banks stand to benefit from the Third National Development Strategy for 2024-30, which prioritises financial services for the country’s development and economic diversification. The sector is also embracing digitalisation, the adoption of financial technology, and a host of new banking methods and services. The Qatari economy continues to adjust to the post-2022 FIFA World Cup reality, which has had a greater impact on some sectors than others. However, given its recent track record, strong buffers and deep pockets, the banking sector looks prepared for the challenges ahead.

This chapter contains interviews with Abdulla Mubarak Al Khalifa, Group CEO of QNB; and Sheikha Maryam bint Khalifa Al Thani, CEO of the Qatar Credit Bureau.