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Islamic Finance Briefing - Categorized | Banking more

Qatar Islamic Bank given A rating

Posted on 18 November 2009

From Ameinfo.com: Fitch Ratings has affirmed Qatar Islamic Bank’s (QIB) ratings at Long-term Issuer Default (IDR) ‘A’ with ‘Stable’ Outlook, Short-term IDR ‘F1′, Individual ‘C’ and Support ‘1′.
Fitch has also affirmed the Support Rating Floor at ‘A’. The Stable Outlook reflects Fitch’s opinion that Qatar’s credit fundamentals remain strong despite the global and regional downturn, the rating agency said…………Full Article: Source

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