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Standard & Poor’s rates Qatar Islamic Bank ”A-/A-2” with stable outlook

Posted on 17 May 2012

In a move that reflects Qatar Islamic Bank’s (QIB) sound financial position and business strategy, Standard & Poor’s recently assigned its ”A-” long-term and ”A-2” short-term counterparty credit ratings to QIB with a stable outlook rating on the long-term.
S and P, which rates QIB for the first time, hailed the bank’s business position, its leading position in the fast-growing Qatari Islamic banking segment and its business model and management. S and P views QIB’s capital and earnings are “strong………………………………………..Full Article: Source

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