Liquidity better in Qatari banks

The availability of funds in the Qatari banking system, which earlier this year became a more serious issue than during the 2008 financial crisis, is improving after the country’s $9 billion bond sale in May, Doha Bank Chief Executive Officer Raghavan Seetharaman said.

“The second quarter was an improvement compared to the first quarter, and the third quarter has also been following the right trend,” he said in a TV interview with Bloomberg Markets Middle East on Tuesday.