Middle East Economic Survey

VOL. LIII

No 15

12-April-2010

QATAR

QNB Ratings Affirmed By S&P And CI

Both Standard & Poors (S&P) and Capital Intelligence (CI) on 3 April affirmed their ratings on Qatar National Bank (QNB). S&P affirmed its A+ long term and A1 short term ratings with a stable outlook. QNB is considered a systemically important bank in Qatar by S&P because of its dominant market share and its role in financing the countrys economy. In S&Ps view, QNBs operating...