Friday 28 February 2020
 
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Qatari banks

Qatari banks cancel three-way merger as GCC boycott bites

Three of the Qatar’s leading banks - Masraf Al Rayan (MAR, A1 negative, baa21), Barwa Bank Q.S.C. (A2 negative, baa3) and International Bank of Qatar Q.S.C. (IBQ, A2 negative, baa3) called off the three-way merger they had been negotiating

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Moody's changes Qatari banks' outlook to negative

Moody's Investors Service has changed the outlook on Qatar's banking system to negative from stable due to the weakening operating conditions and continued funding pressures facing Qatari banks. Moody's report, "B

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External debt ‘makes Qatari banks more vulnerable’

The sharp increase in the external debt of banks in Qatar has raised their vulnerability to the risk of a shift in investor sentiment or change in global liquidity conditions, S&P Global Ratings said. Some of the leading Qatar

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