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Islamic Finance Briefing - Categorized | Banking, Performance more

Fitch affirms Qatar Islamic Bank

Posted on 21 August 2012

Fitch Ratings has affirmed Qatar Islamic Bank’s (QIB) Long-termIssuer Default Rating (IDR) at ‘A’ with a Stable Outlook and Viability Rating (VR) at ‘bbb’. A full list of rating actions is at the end of this release.
QIB’s IDRs, Support Rating and Support Rating Floor reflect Fitch’s view that there would be an extremely high probability of support from the Qatari Authorities, if needed. The ratings consider the authorities’ strong history of support for the Qatari banking system as well as the strong ability and willingness to support Qatari banks………………………………………..Full Article: Source

 
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