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"The banking sector in Qatar expresses its deep thanks and gratitude to our government for its ongoing support and continuous efforts to enforce the national banks, which was proven in the initiative of HE Sheikh Hamad Bin Jassim Bin Jabr Al Thani regarding Qatar Investment Authority's decision to participate to the national banks capitals."
"This investment fosters our future plans. The Government's presence as a key shareholder backs the performance and stability of the banking sector, especially during the current international financial crisis. QIB will work diligently to seize this opportunity to support our expansion and development plans in keeping with our work scope as the 1st leading Shari'a-compliant bank in Qatar," he added.
"Sheikh Jassim Bin Hamad Bin Jassim Bin Jabr Al Thani's move to support the banking sector also demonstrates why we fully trust our national government's ability to push forward developmental plans in Qatar under the wise leadership of HH Sheikh Hamad Bin Khalifa Al Thani, Emir of Qatar, and the active support of HH Sheikh Tamim Bin Hamad Bin Khalifa Al Thani, Heir Apparent. The Qatari economy is flourishing now more than any time before and in multiple sectors. We also witness the progress of the banking sector in Qatar day after day as a result of the nonstop work and efforts from our innovative leadership to push Qatar forward. One of the greatest examples of this is the solid ground our national banks rest upon so they are not affected by the current international crisis," Sheikh Jassim concluded.
Posted by Siba Sami Ammari
