Moody’s affirms QIIB’s credit rating at A2/Prime -1 with a stable outlook

Moody’s Investors Service has reaffirmed QIIB’s A2/Prime-1 credit rating with a stable outlook, recognising the Bank’s sustained strong performance.
In its recent report on the Bank’s rating, Moody’s stated that the affirmation was driven by QIIB’s strong profitability at the end of 2024, along with an exceptional operational efficiency ratio of 21.4%—a reflection of prudent resource management and effective return generation.
Moody’s also noted Qatar International Islamic Bank’s solid financial standing and flexible funding profile, supported by strong capital levels and robust liquidity. The Bank’s position is further reinforced by the high potential of government support, if needed.
Moody’s noted the bank’s baa3 BCA affirmation also takes into account the bank’s sound capital buffers, with a tangible common equity (TCE) to risk-weighted assets at 14.8% (as of December 2024) and high liquidity buffers with liquid assets to tangible banking assets at 28% as of December 2024.