Fitch Affirms Seven Qatari Banks at 'A+'; QNB at 'AA-'

Fitch Ratings has affirmed Qatar National Bank's Long-Term Issuer Default Ratings (IDR) at 'AA-'. The agency has also affirmed the IDRs of The Commercial Bank, Doha Bank, Qatar Islamic Bank, Al Khalij Commercial Bank, Qatar International Islamic Bank and Ahli Bank and International Bank of Qatar at 'A+'. The Outlooks on all the Long-Term IDRs are Stable. Fitch has also upgraded International Bank of Qatar's Viability Rating, which is driven by its growth strategy, focusing almost exclusively on Qatar.