S&P reaffirms QIB ratings at ‘A-/A-2’ with stable outlook
Global credit rating agency Standard & Poor's has reaffirmed Qatar Islamic Bank’s long and short-term ratings at ‘A-/A-2’ with a "stable" outlook. The rating agency also upgraded QIB’s stand-alone credit profile to ‘bbb’ (adequate) from ‘bbb-’ (moderate). “QIB displayed good resilience to the economic shock in Qatar in 2020. We…
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