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Qatari banks cancel three-way merger as GCC boycott bitesThree 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 More… |
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Moody's changes Qatari banks' outlook to negativeMoody'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 More… |
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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 More… |
