Arab Today, arab today alkhaliji obtains strong first time credit rating
Last Updated : GMT 21:32:37
Arab Today, arab today
Arab Today, arab today

Al-khaliji obtains strong first time credit rating

Arab Today, arab today

Arab Today, arab today Al-khaliji obtains strong first time credit rating

Al-Khalij Commercial Bank
Doha - QNA

Al Khalij Commercial Bank (al khaliji) announced that Moody's Investors Services has assigned first time credit ratings of A3 to al khaliji with a Stable outlook. Moody's defines obligations rated in the A range as subject to low credit risk.

Moody's reported that the bank’s strong macro profile takes into account its operations in Qatar (Strong-), the UAE (Strong-) and France (Very Strong -) and the fact that al khaliji’s main operations are in Qatar. Solid asset quality, solid capitalization and a strong liquid asset position were also contributory factors in this strong initial rating.

Fahad Al Khalifa, Group CEO, Al Khalij Commercial Bank (al khaliji) commented: "We are pleased with this A3 rating from Moody’s, our second credit rating from the major rating agencies. This strong rating from Moody’s recognizes the continued growth at al khaliji across our operations in Qatar, UAE and France and will assist us as we continue to diversify our sources of funding to support our ambitious growth plans". "The growth in our franchise was a contributory factor in the recent ratings upgrade we received from Fitch".

al khaliji published its Q1, 2015 financial statements in April, these showed strong growth with Net Profit increasing to QAR144.4 million, up 32% year on year, Loans and Advances growing 31% to QAR 30 Billion supported by strong growth in Customer Deposits which were up 32% on the same period in 2014. al khaliji is already rated A+ by Fitch Ratings, following a ratings upgrade earlier in 2015.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alkhaliji obtains strong first time credit rating Arab Today, arab today alkhaliji obtains strong first time credit rating

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today alkhaliji obtains strong first time credit rating Arab Today, arab today alkhaliji obtains strong first time credit rating

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Trump: End of Daesh is in sight

GMT 20:29 2017 Monday ,23 October

Trump: End of Daesh is in sight
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Rogina happy for reactions to “The Flood”

GMT 09:30 2017 Friday ,20 October

Rogina happy for reactions to “The Flood”
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday