1. The macro economic fundamentals of Qatar are extremely strong and the government is initiating a series of projects for developing oil resources, industries and infrastructure. We are committed to being an integral part of this economic boom with a proactive focus on project financing, while sustaining our position in consumer financing, capital markets and other segments. At the customer service level, we are committed to maintaining our competitive edge in convenient banking. We value technology as a core component in our strategy for this differentiation and we continue to invest in customer-centric technology.
While there are many drivers of the organisation’s strategy, the domestic economy and superior customer care have the key roles.
2. The economic stability of any country is directly related to its political stability. The war affects the free movement of people, goods and services to some extent, and has its natural effect on international trade. There is bound to be a cautious international response to financial products or economic assessment of the region. However, these hiccups are cyclical and things will become normal in due course. In most of the GCC countries, business-wise the banking sector has been unaffected.