Moody’s Upgrades QIB Future Outlook to “Stable”

July 22, 2018

Moody’s Investors Service have recently affirmed QIB’s deposit ratings to A1 with a “stable” outlook. These reflect the bank's adequate capital buffers, good profitability and limited market funding reliance, supported by its established and growing retail and corporate Islamic banking franchise and the bank's rapid growth in recent years. This outlook confirms the resilience of the banking industry which has adopted to the current situation and has overcome challenges with the support from the government.