Moody's revises outlook of 10 Qatari banks to stable

Moody's has revised the outlook of 10 Qatari banks from"negative" to"stable". According to Moody's report released on Monday, the improved rating is due to the resilience of Qatari banks and the country's operating environment during the siege. The institutions are Qatar National Bank, Doha Bank, Al Khalij Commercial Bank (al khaliji), Ahli Bank, Barwa Bank, International Bank of Qatar, Masraf Al Rayan, Qatar International Islamic Bank, Qatar Islamic Bank and The Commercial Bank.