Fitch Affirms 6 Qatari Banks at 'A+'; Affirms QNB at 'AA-'

April 27, 2015 3:29 PM

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(The following statement was released by the rating agency) LONDON, April 27 (Fitch) Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDR) of Commercial Bank of Qatar (CBQ), Doha Bank (DB), Qatar Islamic Bank (QIB), Al Khalij Commercial Bank (al khaliji) Q.S.C. (AKB), Qatar International Islamic Bank (QIIB) and Ahli Bank QSC (ABQ) at 'A+'.

Fitch has also affirmed Qatar National Bank's (QNB) Long-term IDR at 'AA-'. The Outlooks on all the Long-term IDRs are Stable. A full list of rating actions is at the end of this rating action commentary. KEY RATING DRIVERS - IDRS, SRs, SRFs AND SENIOR DEBT Qatari banks' IDRs, Support Ratings (SR) a...

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