Middle East Economic Survey


No 9



Moodys Assigns Negative Outlook To Qatari Banks For 2009

Moodys has assigned a negative outlook to the Qatari banking system based on the rating agencys expectations of weakening fundamental credit conditions over the next 12-18 months. A new report on the Banking System Outlook on Qatar raises concerns about the consequences of the global recession on the banks operating environment, even though the direct impact of the financial crisis on...