by user267744648 6

Qatar's lenders need international banks to help finance as much as $88 billion (Dh323 billion) of construction for the 2022 soccer World Cup as local deposits fail to keep pace with loan demand.

Local banks' capacity to lend may be declining as a pickup in borrowing, particularly by state-owned enterprises, squeezes liquidity.The ratio of Qatari credit facilities to deposits soared to 112 per cent in January from 91.8 per cent six months earlier in July, according to Bloomberg calculations based on central bank