02 August 2022

QIB Requests S&P Global Ratings to Withdraw 'A-/A-2' Long and Short Term Ratings

Local
  • QATAR

Doha, August 02 (QNA) - Qatar Islamic Bank (QIB) requested S&P Global Ratings to withdraw its 'A-/A-2' long and short-term credit ratings on QIB.
In a statement released Tuesday on Qatar Stock Exchange website, QIB announced the continuation of approaches to get ratings from Moody's Investor Services, Fitch Ratings Inc. and Capital Intelligence Ratings Ltd.
Moody's Investor Services affirmed in May QIB's long term deposits ratings at 'A1', and Fitch Ratings Inc affirmed in April 2022 the bank's ratings at 'A-', while Capital Intelligence Ratings Ltd affirmed the bank's long term foreign currency ratings at 'A+'. (QNA)

Keywords

Economy, Qatar, Banks
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