EM bankers fret over Qatari bank return

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By Michael Turner
07 Sep 2017

London’s emerging market bankers are growing increasingly concerned about whether the Qatari central bank will go ahead with encouraging the country’s lenders into international bond markets, as tensions between the country and its Gulf neighbours continue. Michael Turner reports.

The Qatari banking system saw a combined $22bn-equivalent of withdrawals and interbank placements in June and July, according to Mitsubishi UFJ Financial Group (MUFG) analysts. This haemorrhaging of cash, which was prompted by other Gulf states severing diplomatic ties with Qatar over its relations with Iran, ...

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