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Qatar’s IIB ratings upgraded

: Tuesday, May 13 - 2014 @ 09:51

The long-term issuer default ratings (IDR) of Qatar’s International Islamic Bank have been upgraded by Fitch Ratings to ‘A’ from ‘A-,’ Gulf Times has reported. The upgrade is driven by a revision of its support rating floors (SRFs), Fitch said. The outlook on the long-term IDR is stable.

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Tuesday, May 13- 2014 @ 9:51 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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