News & Credit Rating Announcements
07 May 2019 | Country: Qatar | Bank: Doha Bank Ltd
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Doha Bank - FCR Lowered; Outlook Revised to Stable from Negative
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has has lowered the Long-Term Foreign Currency Rating (LT FCR) of Doha Bank QSC (DB) to 'A' from 'A+'. At the same time, CI Ratings has adjusted the Bank's Short-Term Foreign Currency Rating (ST FCR) to 'A1' from 'A2'. The LT FCR Outlook has been revised to Stable from Negative. We have also assigned a Bank Standalone Rating (BSR) of 'bbb+' with a Stable Outlook, a Core Financial Strength (CFS) rating of 'bbb+' and an Extraordinary Support Level (ESL) of High.
Attachments
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Credit Rating Announcement (CRA)
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Bank Rating Report (Qatar, Doha Bank Ltd)
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