The Commercial Bank of Qatar Q.S.C. http://www.alacrastore.com/company-snapshot/The_Commercial_Bank_of_Qatar_Q_S_C-1088969 Friday, January 09, 2009 4:42:19 AM 1088969 The Commercial Bank of Qatar Q.S.C. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/storecontent/fitch/420266_report_framefitch/420266_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.The Commercial Bank of Qatar Q.S.C.803622101/6/2009 10:17:09 AM01010100165Credit UpdateCBQK420266_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/420264_report_framefitch/420264_report_framepdfFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.The Commercial Bank of Qatar Q.S.C.803622101/6/2009 10:17:09 AM01010100425Full Rating ReportCBQK420264_report_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/fitch/453754_pr_framefitch/453754_pr_framehtmlFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.HSBC Bank USA (Chile)TAIB BankAhli United Bank BSCBank of Kuwait and the Middle East KSCRepublic New York CorporationBank of SharjahEmirates Bank International PJSCDubai Holding Commercial Operations Group LLCHousehold International Netherlands B.V.Tamweel PJSCHSBC USA, Inc.Primer Banco del Istmo SAIndustrial Bank of Kuwait KSCHang Seng Bank Ltd.Banco Banex S.A.HSBC Bank (Uruguay) SAHSBC Trinkaus & Burkhardt AGArab Banking Corporation (BSC)Banque Saudi FransiAl-Ahli Bank of Qatar QSCHSBC Latin America Holdings (UK) LtdThe National Commercial BankBank Dhofar SAOGGulf International Bank B.S.C.Hongkong & Shanghai Banking CorporationKuveyt Turk Katilim Bankasi A.S.Commercial Bank of Dubai PSCNational Bank of BahrainSaudi Hollandi BankHSBC Sri LankaUnion National BankOman International BankGulf BankHSBC IndiaHSBC Bank PLCDoha Bank Ltd.Gulf Investment Corporation GSCHousehold Financial Corporation Ltd.HSBC Amanah Takaful (Malaysia) Sdn BhdHSBC Salvadoreno SAKuwait International BankQatar National Bank S.A.Q.HSBC Bank Argentina S.A.Bank Muscat SAOGFirst Gulf BankArab National BankHSBC Bank Nevada, N.A.HFC Bank plcGlobal Investment House K.S.C.C.HSBC Private Banking Holdings (Suisse) SASamba Financial GroupAl Ahli Bank of Kuwait KSCThe Saudi Investment BankCommercial Bank of Kuwait SAKThe Commercial Bank of Qatar Q.S.C.Bank Al-JaziraHSBC Finance Corp.National Bank of Umm Al Qaiwain PSCBanco ABC Brasil S.A.HSBC Bank Middle EastBanco HSBC Nicaragua, S.A.Beneficial Company LLCBanco Grupo El Ahorro Hondureno, S.A.Qatar Islamic Bank S.A.Q.Inversiones Financieras Bancosal S.A.MashreqBank pscSABBDubai Bank PjscNational Bank of Kuwait SAKAhli United Bank (U K) PlcRepublic New York Capital IIKuwait Finance HouseRepublic New York Capital IHSBC Bank USANational Bank of Abu DhabiAl-Rajhi Banking and Investment CorpBahrain Middle East Bank ECHSBC Holdings plcBBK B.S.CHSBC Finance Capital Trust IXOman Arab Bank SAOCHSBC Americas Capital Trust INational Bank of Ras Al Khaima PSCAbu Dhabi Islamic Bank8347366880089355800889378036067380091840803620018667892380359989803605028041563280360106803621358008994280362225803622078456506980091859825055178009184280362210803622238036118380360815825896788009184480362209803609318035999280362183800921468036016386692523800918438008939980088983803621348036081980543393803622248102747581200331803620008036240880360772840460698036213385349675803608118630870580362020820789658036201980089354800891878036199880359917804156358036006080359681800918418646151180359560803602508008930780362206819149378035964680090968803607528008897080359925804175818036218183576266803602498174006586481911803620228335626180089405803606698635990280362021803608438557348280361421800897288035992212/17/2008 10:18:00 AM0103210001010300010102000101020201010206010318000103000001010000010000000101070001032400010101000101020985Press ReleaseQNBKUNB1090DHBKNBKABCB3CBKCBDGBKBKMENBBHSBARAKBANKQIBKKFINKIBTAMWEEL1020GLOBALBISTABCBOS1060BKMOIBBBKTUBMASQ1050NBADTAIBABKAUBSHB1111201030BANCOSALNBQCBQKBKDFGBBMBADIBABQKANB453754_pr_frameCredit & Investment ResearchFitch Researchhttp://www.alacrastore.com/storecontent/moodys/PBC_112944moodys/PBC_112944pdf...With consolidated assets totalling QAR##.# billion (US$##.# billion) as of September ####, Commercialbank is the second-largest bank in Qatar (and the largest private bank), with a market share of around ##.#% of total banking system assets. Its focused and experienced management, wide product range and significant investments in infrastructure in recent years have enabled the bank to build a strong and defensible franchise in Qatar, in corporate but also in retail banking resulting in income diversification and increased profitability levels. In terms of profitability by business lines, the group s corporate banking business remains the primary revenue driver for the bank, comprising around ##% of the group s operating income during ####, followed by retail and Islamic banking activities which contributed around ##% and #% to operating income, respectively. Commercialbank s operations outside Qatar, accounted for around ##% of the group s assets, and contributed ##% to the... 11/28/2008 4:18:48 AMpdfCommercial Bank of QatarCommercial Bank of Qatar600019326300.0000AnalysisAnalysisPBC_112944Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/storecontent/spcred/662322spcred/662322normThe latest Research Update from S&Pglobal7/30/2008 12:55:00 PM175Research Update662322QatarRegional BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsResearch UpdateOn July 28, 2008, Standard&Poor's Ratings Services revised its outlook on Commercial Bank of Qatar (CBQ) to positive from stable. At the same time, the 'A-/A-2' counterparty credit ratings on the bank were affirmed. The outlook revision reflects CBQ's improved capitalization following a $900 million capital increase concluded earlier this month, through a rights issue, Global Depositary Receipts (GDRs), and a private placement. The ratings reflect CBQ's stellar financial performance, strong asset quality, and widening geographic diversification. Standard&Poor's considers CBQ to be a systemically important bank in the State of Qatar (AA-/Stable/A-1+), which we classify as interventionist toward its banking system. The long-term rating on CBQ is consequently one notch above the bank's stand-alone creditworthiness, integratingQAT40101015 401010 4010 40Commercial Bank of Qatar (The)400516EMERGINGEUROMIDAFRCBQK@QDRESUPDGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/661816spcred/661816normThe latest News from S&Pglobal7/28/2008 8:23:03 AM100News661816QatarRegional BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsNewsPARIS (Standard&Poor's) July 28, 2008--Standard&Poor's Ratings Services said today that it revised its outlook on Commercial Bank of Qatar (CBQ) to positive from stable. At the same time, the 'A-/A-2' counterparty credit ratings on the bank were affirmed. "The outlook revision reflects CBQ's improved capitalization following a $900 million capital increase concluded earlier this month, through a rights issue, Global Depositary Receipts, and a private placement," said Standard&Poor's credit analyst Mohamed Damak. The ratings reflect CBQ's stellar financial performance, strong asset quality, and widening geographic diversification. Standard&Poor's considers CBQ to be a systemically important bank in the State of Qatar (AA-/Stable/A-1+), which we classify as interventionist toward its banking system. The long-termQAT40101015 401010 4010 40Commercial Bank of Qatar (The)400516EMERGINGEUROMIDAFRCBQK@QDNEWSGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/661817spcred/661817normThe latest Research Update from S&Pglobal7/28/2008 8:23:03 AM175Research Update661817QatarRegional BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsResearch UpdateOn July 28, 2008, Standard&Poor's Ratings Services revised its outlook on Commercial Bank of Qatar (CBQ) to positive from stable. At the same time, the 'A-/A-2' counterparty credit ratings on the bank were affirmed. The outlook revision reflects CBQ's improved capitalization following a $900 million capital increase concluded earlier this month, through a rights issue, Global Depositary Receipts (GDRs), and a private placement. The ratings reflect CBQ's stellar financial performance, strong asset quality, and widening geographic diversification. Standard&Poor's considers CBQ to be a systemically important bank in the State of Qatar (AA-/Stable/A-1+), which we classify as interventionist toward its banking system. The long-term rating on CBQ is consequently one notch above the bank's stand-alone creditworthiness, integratingQAT40101015 401010 4010 40Commercial Bank of Qatar (The)400516EMERGINGEUROMIDAFRCBQK@QDRESUPDGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/638903spcred/638903normThe latest Full Report from S&P3/26/2008 9:08:39 AMFull Report400global638903QatarRegional BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsFull ReportStellar financial performance Robust asset quality Improving geographic diversification Narrow domestic market with high concentration risks Rapid loan growth Below-average capitalization The ratings on The Commercial Bank of Qatar (CBQ) reflect the bank's stellar financial performance, robust asset quality, and improving geographic diversification. The ratings are constrained, however, by concentration risks in a narrow domestic market, rapid loan growth that is still untested by a sharp economic downturn, and below-average capitalization. Standard&Poor's Ratings Services considers CBQ to be a systemically important bank in the State of Qatar (AA-/Stable/A-1+), which we classify as interventionist toward its banking system. Therefore, the long-term rating on CBQ is one notch above the bank's stand-alone creditworthiness, reflecting our expectation of strong likelihood ofQAT40101015 401010 4010 40Commercial Bank of Qatar (The)400516EMERGINGEUROMIDAFRCBQK@QDFULLGLOBISSFICredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/storecontent/spcred/638904spcred/638904normThe latest Summary from S&P3/26/2008 9:08:39 AMSummary175global638904QatarRegional BanksEmerging MarketsEurope, Middle East, AfricaGlobal IssuersFinancial InstitutionsSummaryThe ratings on The Commercial Bank of Qatar (CBQ) reflect the bank's stellar financial performance, robust asset quality, and improving geographic diversification. The ratings are constrained, however, by concentration risks in a narrow domestic market, rapid loan growth that is still untested by a sharp economic downturn, and below-average capitalization. Standard&Poor's Ratings Services considers CBQ to be a systemically important bank in the State of Qatar (AA-/Stable/A-1+), which we classify as interventionist toward its banking system. Therefore, the long-term rating on CBQ is one notch above the bank's stand-alone creditworthiness, reflecting our expectation of strong likelihood of support in case of need. The second-largest bank in Qatar, CBQ is a midsize player by regional standards, with assets totalingQAT40101015 401010 4010 40Commercial Bank of Qatar (The)400516EMERGINGEUROMIDAFRCBQK@QDSUMMARYGLOBISSFICredit & Investment ResearchS&P Credit Research