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Al Khalij rating upgraded by Fitch

: Sunday, May 04 - 2014 @ 09:46

Fitch Ratings has upgraded the long-term issuer default rating (IDR) of Qatar’s Al Khalij Commercial Bank (al khaliji) to ‘A’ from ‘A-,’ with ‘Stable’ outlook, the Peninsula has reported. Factors that led to the upgrade included al khaliji’s strengthened lending franchise, longer track record of solid performance and strong capitalisation.

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Sunday, May 4- 2014 @ 9:46 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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