Wednesday, 5 December 2018

#Qatar banks’ outlook for 2019 remains stable: Moody’s - The Peninsula Qatar

Qatar banks’ outlook for 2019 remains stable: Moody’s - The Peninsula Qatar:

With improving operating conditions, solid loan performance and strong capital, Qatar banks have stable outlook for 2019.

Moody’s Outlook for ‘GCC Banks for 2019’ showed Qatar’s banking system showed stability in all the seven components of credit drivers, including operating environment, asset risks, capital, profitability & efficiency, funding & liquidity and government support. Qatar is among the two countries in the region which ticked all these boxes as ‘stable’ in Moody’s Outlook for the GCC Banks.

The rating agency noted Qatari banks are most reliant on confidence-sensitive foreign funding, along with Bahrain, in the region. The 2019 Outlook expresses the rating agency’s expectation of how banks’ creditworthiness will evolve over the next 12 to 18 months in the GCC.

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