Report
EUR 164.16 For Business Accounts Only

Moody's: Proposed three-way merger would be beneficial for Qatari Banks

DIFC- Dubai, February 21, 2017-- A proposed merger between three Qatari banks-- Masraf Al Rayan, Barwa Bank and International Bank of Qatar-- if successfully completed, would create the largest Islamic bank and second largest bank in Qatar, and would result in a more balanced competitive environment in Qatar's fragmented banking system, says Moody's Investors Service in a report published today. The merger is currently at due diligence stage and will be subject to approval by the...
Underlying
Doha Bank

Provider
Moody's Investors Service
Moody's Investors Service

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