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International Bank of Qatar (Q.S.C.) -- Moody's affirms ratings of 10 Qatari banks; changes outlooks to stable

Moody's Investors Service, ("Moody's") has today affirmed the long-term deposit and issuer ratings of the 10 banks it rates in Qatar, as well as the senior unsecured and subordinated debt ratings of their affiliated entities, where applicable. At the same time, the rating agency changed the outlook on the long-term deposit, issuer and senior unsecured debt ratings to stable from negative. The affected institutions are Qatar National Bank (Q.P.S.C.), Doha Bank Q.P.S.C., Al Khalij Commercial Bank (al khaliji) PQSC, Ahli Bank Q.S.C., Barwa Bank Q.S.C., International Bank of Qatar (Q.S.C.), Masraf Al Rayan (Q.P.S.C.), Qatar International Islamic Bank (Q.S.C.), Qatar Islamic Bank Q.P.S.C. and The Commercial Bank (P.S.Q.C.).