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Fitch affirms Doha Bank
Fitch Ratings said it affirmed Doha Bank's long-term issuer default rating at A and short-term issuer default rating at F1.
The outlook is negative.
The ratings are driven by the extremely high probability of support from the Qatari authorities, if required, Fitch said. They also take into account its strong domestic franchise, acceptable earnings and tier 1 capitalization, the agency said.
Negative ratings factors include the bank's deteriorating retail asset quality and tightening liquidity, Fitch added.
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