Middle East Economic Survey


No 21



Fitch Assigns A- Long Term Foreign Currency Rating To QIIB

Fitch Ratings assigned Qatar International Islamic Bank (QIIB) a long term foreign currency issuer default rating (IDR) of A- with a stable outlook on 16 May. The agency also assigned a short term IDR of F2, and individual rating of C/D, a support rating of 1 and a support rating floor of A-. The ratings action reflects the extremely high probability of support from the...