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Fitch Affirms Doha Bank at 'A', Outlook Stable

Dec 30, 2020 - Islamic Finance News

Dec. 30 -- Doha Bank issued the following news release:

Fitch Ratings has affirmed the Doha Bank's IDRs, Support Rating (SR) and Support Rating Floor (SRF) with Stable Outlook and it reflect Fitch's expectation of an extremely high probability of support from the Qatari authorities for domestic banks in case of need. This reflects the strong ability of Qatar to support its banks, as indicated by its rating (AA-/Stable), combined with Fitch's belief of a strong willingness to support the ba...