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Qatar77
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Praised the plans expansions Foreign .. Foundation gives Fitch degree (excellent) to Bank (QNB)
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عدد الرسائل : 930 تاريخ التسجيل : 12/04/2008
موضوع: Praised the plans expansions Foreign .. Foundation gives Fitch degree (excellent) to Bank (QNB) 23/5/2008, 09:20
Praised the plans expansions Foreign .. Foundation gives Fitch degree (excellent) to Bank (QNB)
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The Foundation Fitch Fitch)) that the assessment given by QNB)) in the stability of the issuances of long-term IDR)) is A + or Mmtazma stable future, and F1 for issuing short-term IDR)) and for the individual B / C)) and 1 of support. Fitch also affirmed Foundation supporting class A +. Reflects stability in the versions of the bank Long Term Issuer Default)) substantial probability exists for the support of the bank, if so request, from the Government of Qatar, which owns 50% of the shares in the bank through the Investment Authority country QIA)) or other factors that promote this trend They importance of the World largest bank in Qatar, a bank president a dealer with the government and the private sector. The Bank's financial ratios are good and clear, and the only point which raises some concern is the rapid growth in lending, especially real estate sector. Fitch Foundation stresses that this point is the problem faced by all banks in Qatar and the bank's assets remains strong. Fitch believes that the privilege World wide and big profits achieved by the addition of the size of funding, liquidity and capital are all factors that enhance the power of individual assessment. However adhere evaluation size compared to other major banks in the world and cooperation and the adoption of Qatar National Bank of Qatar in more work. Fitch believes the bank should expand globally and the acquisition of 30% of the shares and Trade Finance Bank of Jordan (Jordan's second largest bank) is a step in the right direction
Praised the plans expansions Foreign .. Foundation gives Fitch degree (excellent) to Bank (QNB)