Fitch affirms Ahli Bank

Fitch Ratings said it affirmed Ahli Bank QSC's long-term issuer default rating at A-, short-term issuer default rating at F2 and viability rating at BBB-.

The outlook is stable.

The agency said the Qatari authorities' strong ability and propensity to maintain confidence in a relatively small banking system support the ratings.

The ratings are sensitive to any change in the ability or willingness of the Qatari authorities to support the bank, Fitch said.

The bank has solid profitability, adequate liquidity and sound capital, the agency added.

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