Doha-Mubasher: Standard & Poor's Financial Services (S&P) has affirmed Qatar Islamic Bank’s (QIB) long and short term counterparty credit ratings at “A-/A-2”, with a ‘Negative’ outlook, according to an issued statement.
“The rating reflected an adequate business position based on a strong Islamic franchise in Qatar, its strong capital and earnings position and adequate liquidity position,” the statement added.
