Banks are banks and lending is their business_ right.
But lending in any country is bound by essential sect-oral limits, like, for agri 20%, for real estate 25%, for Industries 10%, for auto financing 10% because no bank and country can afford to take lopsided lending risk only on easy auto financing. If the auto sector drowns, the whole bank and country could also drown, as a result.
And these limits are also in place in Qatar by the Qatar Central Bank, however the limit for auto finance needs tightening.
Banks are banks and lending is their business_ right.
But lending in any country is bound by essential sect-oral limits, like, for agri 20%, for real estate 25%, for Industries 10%, for auto financing 10% because no bank and country can afford to take lopsided lending risk only on easy auto financing. If the auto sector drowns, the whole bank and country could also drown, as a result.
And these limits are also in place in Qatar by the Qatar Central Bank, however the limit for auto finance needs tightening.