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Investment Research</category><alacra:ip>S&amp;P Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PR_173393_600019326</link><guid isPermaLink="false">moodys/PR_173393_600019326</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">html</moodys:index_mode><moodys:docid xmlns:moodys="http://www.alacra.com/moodys">PR_173393_600019326</moodys:docid><description>Global Credit Research Announcement ## FEB ####   Announcement: Commercial Bank of Qatar Moody's reports: Negative outlook for Qatari banking system Limassol, February ##, #### -- The fundamental credit outlook for the Qatari banking...</description><pubDate>24 Feb 2009 12:56:07 EST</pubDate><moodys:format xmlns:moodys="http://www.alacra.com/moodys">html</moodys:format><moodys:issuer xmlns:moodys="http://www.alacra.com/moodys">Qatar National Bank</moodys:issuer><moodys:issuer_list xmlns:moodys="http://www.alacra.com/moodys">Commercial Bank of Qatar; Doha Bank Q.S.C.; Qatar National Bank</moodys:issuer_list><moodys:org_id xmlns:moodys="http://www.alacra.com/moodys">600019324</moodys:org_id><moodys:price xmlns:moodys="http://www.alacra.com/moodys">150.0000</moodys:price><moodys:report_class xmlns:moodys="http://www.alacra.com/moodys">News</moodys:report_class><moodys:report_type xmlns:moodys="http://www.alacra.com/moodys">Announcement</moodys:report_type><title>Moody's reports: Negative outlook for Qatari banking system</title><category>Credit &amp; Investment Research</category><alacra:ip>Moody's Global Credit Research</alacra:ip></item><item><link>http://www.alacrastore.com/storecontent/moodys/PBC_113731</link><guid isPermaLink="false">moodys/PBC_113731</guid><moodys:index_mode xmlns:moodys="http://www.alacra.com/moodys">pdf</moodys:index_mode><description>...Moody s assigns a bank financial strength rating (BFSR) of  C- to Qatar National Bank (QNB), which translates  into a Baseline Credit Assessment of Baa#.  The rating is based on QNB s strong financial metrics and  dominant position within Qatar s domestic banking  system. QNB s BFSR rating also incorporates significant  funding and credit concentra tions. The small size of  the Qatari economy and its dependence on oil, gas and  state spending have in the past constrained the bank s  BFSR, but strong and sustained growth resulting from t he exploration of Qatar s huge gas reserves is creating  significant business and opportunities for the loca l banking sector, and is a positive rating driver  Any significant deterioration in QNB s financial performance or a material economic slowdown would be likely  to exert negative pressure on its BFSR. A reduction in  the level of systemic suppor t   albeit unlikely   would  lead to a downgrade of the bank s long-term global local currency (GLC) deposit...

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xmlns:fitch="http://www.alacra.com/fitch">GLOBAL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">HSBA</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KFIN</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">KIB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">MASQ</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NBAD</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NBB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NBK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">NBQ</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">OIB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">QIBK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">QNBK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">RAKBANK</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">SHB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TAIB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TAMWEEL</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">TUB</fitch:ticker><fitch:ticker xmlns:fitch="http://www.alacra.com/fitch">UNB</fitch:ticker><title>Fitch Downgrades Several GCC Bank Individual Ratings, Most IDRs Affirmed</title><fitch:docid xmlns:fitch="http://www.alacra.com/fitch">453754_pr_frame</fitch:docid><category>Credit &amp; Investment Research</category><alacra:ip>Fitch Research</alacra:ip></item></channel></rss>