Moody’s Affirms Qatar International Islamic Bank’s A2 Rating with a Stable Outlook

An announcement from Qatar International Islamic Bank (QIIB) states that Moody’s has affirmed its A2 rating with a Stable Outlook.

According to Moody’s, a key factor contributing to this affirmation was QIIB’s reputation in retail banking, as well as its long-standing presence as one of the oldest banks in Qatar.

Moody’s noted that QIIB has a sound liquidity position, high-quality assets, as well as a strong funding profile, and the added buffer of government support, as required.

QIIB’s Chief Executive Officer (CEO), Dr Abdulbasit Ahmad Al Shaibei, highlighted that QIIB had always been confident in its strategy wi...