Sunday, 3 January 2010

Qatar has one of the Highest Sovereign Credit Ratings

Qatar has a sovereign rating from Moody's and Standard & Poor's, which are two of the world's leading international credit rating agencies. Qatar's rating is considered as amongst the highest in the Gulf Cooperation Council and compares favourably with other developed countries.
While both Fitch and Capital Intelligence do not have an official published sovereign rating for Qatar, they do have an internal sovereign rating as both rating agencies assign ratings to Qatari banks, and having a sovereign rating is a prior condition to assigning a rating on a financial institution.

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