The Gulf Cooperation Council's (GCC) banks' liquidity is expected to remain "adequate" in 2021-22 despite the economic shock from the pandemic and that capital buffers are sufficient to absorb the likely deterioration in asset quality, according to Fitch, an international credit rating agency.
Qatari banks' funding and liquidity profiles are expected to benefit from the end to the blockade on Qatar, according to Fitch, a global rating agency.
Global credit rating agency Fitch has published QIIB’s full rating report, demonstrating the same the bank's strong rating at ‘A’ with a stable outlook.
Qatar may tap the debt market again in 2022-25, pending North Field expansion ramp-up, according to Fitch, an international credit rating agency.
Al Khalij Commercial Bank (Al Khaliji) on Tuesday disclosed that the global credit rating agencies Fitch and Moody’s have affirmed its ratings as 'A' and 'A3/Prime-2' respectively, both with “stable” outlook.
International credit rating agency Fitch has assigned Commercial Bank's (CB) $5bn euro medium-term note (EMTN) programme a long-term rating of 'A'.
Qatar's 'AA-' ratings, Fitch said, “reflect a strong sovereign net foreign asset position, one of the world's highest ratios of GDP per capita and a flexible public finance structure allowing for favourable debt dynamics and a robust response to “limit the fiscal impact” of the coronavirus pandemic.
Fitch Ratings has affirmed Doha Bank's (DB) Long-Term Issuer Default Rating (IDR) at 'A' with a stable outlook.
Funding and liquidity are no longer the key risks to Qatari banks, as $24bn in non-resident deposits and interbank placements have flowed back into the system since November 2017 ...
Qatari Islamic banks are looking at overseas expansion (including in Morocco and in the UK) as part of strategy to achieve faster growth, improved funding costs and funding diversification ...
Qatar Petroleum (QP) may "increasingly tap the debt markets" in the coming years to finance the expansion of liquefied natural gas (LNG) production capacity from the North Field
Fitch Ratings has affirmed Commercial Bank’s Long-Term Issuer Default Rating (IDR) at ‘A’ with a stable outlook, short-term IDR at ‘F1’, viability rating (VR) was downgraded to ‘bb+’ from ‘bbb’.