VOL. XLVI

No 51/52

22/29-December-2003

RATINGS

Moodys Changes Qatar National Banks Outlook To Positive From Stable

Moody's Investors Service has changed Qatar National Banks (QNB) outlook on its D+ financial strength rating to positive from stable in recognition of the bank's good financial fundamentals and the improving operating conditions in Qatar. The outlook for the bank's A3/Prime-2 foreign currency deposit ratings remains unchanged at stable. Moodys notes that QNB has a strong...