QNB Finance Ltd Rating update (1761J)

TIDM77NQ

RNS Number : 1761J

QNB Finance Ltd

25 April 2022

QNB Finance Ltd

25 April 2022

Fitch Ratings Limited has downgraded QNB Finance Ltd ("Issuer") and Qatar National Bank ("Guarantor") Long-Term Issuer Default Rating (IDR) to 'A' from 'A+' and removed QNB from Rating Watch Negative. QNB's 'F1' Short-Term IDR has been affirmed. QNB's Viability Rating (VR) is unaffected.

Guarantor:

Qatar National Bank (Q.P.S.C.)

Qatar National Bank Building

Al Corniche Street

P.O. Box 1000

Doha

State of Qatar.

Email: [e-mail]

Fiscal Agent and Principal Paying Agent :

The Bank of New York Mellon, acting through its London Branch

One Canada Square

London E14 5AL

United Kingdom.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [e-mail] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

MSCPPUCGCUPPUMA

(END) Dow Jones Newswires

April 25, 2022 03:16 ET (07:16 GMT)