September 10 2015
Arabian Business, 9 September 2015: Qatar's Committee for Economic and Investment Affairs has announced the country’s Central Bank will grant licences to Gulf Cooperation Council banks to open branches in the country.
Licences for new banks will be given according to criteria set out by the Central Bank.
Usually in the GCC, banking licences are given to lenders on a reciprocal basis, so two countries agree to ease rules on applications from each other.
Subscribers to Nexis® can view the full text article here:www.nexis.com/docview/getDocForCuiReq?lni=5GWK-49P1-JDJN-60Y8&csi=34... btnno="1">Qatar: Gulf Cooperation Council Banks Will be Able to Open Branches
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