Qatar the upcoming “free economic zone,” according to the article will attract business in a monumental way.
HSBC, a long standing bank in Qatar is excited about the upcoming advantages that will be presented with this opportunity.
“We are seeing credit appetite from every player in this market. HSBC will be lending higher in volumes over the next five years,” said Elie Maroun El Asmar, Head of Commercial Banking in Qatar. Sector wise, “HSBC sees growing credit appetite for construction, infrastructure, energy and health care sector in Qatar.The market is also looking to develop the higher education sector. We want to be part of this Qatar growth story.”
HSBC will also support the SME and MSME sectors as their growth increases internationally.