Moody’s updates Ahlibank Credit Opinion Deposit Rating
20 June 2024
Doha, 20th June 2024: Ahli Bank QPSC (Ahlibank) is delighted to announce that on 12 June 2024, Moody’s provided an updated Credit Opinion on Ahlibank reflecting its existing A2 deposit rating and a baseline credit assessment (BCA) at baa3, with stable outlook.
Mr. Hassan Ahmed AlEfrangi, Ahlibank’s CEO stated: "We are delighted to receive this rating from Moody’s, reflecting Ahlibank’s strong performance, which is underpinned by strong Risk and Capital Management disciplines. We believe that the continued support of our shareholders and the local community underpins our continued growth within the context of the Qatar growth story. We are proud of this rating as it reflects another notable milestone in the history of Ahlibank".