Monday, May 30, 2005

Moody's: Three Qatari banks on review for possible rating upgrade

Moody's placed on review for possible upgrade the A3/Prime-2 foreign currency deposit ratings for three Qatari banks :Commercial Bank of Qatar, Doha Bank and Qatar National Bank. Rating action follows Moody's recent upgrade of Qatar's foreign currency country ceiling for bonds and bank deposits to A1/Prime-1 from A3/Prime-2.

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