Qatari Banks
Qatari banks have met investors in Europe and Asia over the past few weeks to gauge their interest in potential U.S. dollar bond issues.
Qatar runs the risk of major economic catastrophe after Saudi Arabia, U.A.E. and Bahrain withdraw $16 billion of short-term deposits from Qatari banks.
Sovereign credit and liquidity of the banking sector will be impacted by the diplomatic rift with Qatar, CI Ratings pointed out in a research note Tuesday.
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