Doha-Mubasher: Moody's Investors Service concluded Counterparty Risk Assessments (CR Assessments) for seven Qatari banks, in line with its revised bank rating methodology.

The ratings agency assessed the ability to avoid defaulting on its operating obligations, according to a statement.

Moody’s assigned CR assessments of A2 (cr)/Prime-1(cr) to Al Khalij Commercial Bank (al khaliji), A1 (cr)/Prime-1(cr) to Doha Bank and Masraf Al Rayan, Aa3 (cr)/Prime-1(cr) to the Commercial Bank of Qatar and Aa2 (cr)/Prime-1(cr) to Qatar National Bank.

The agency also gave Qatar International Islamic Bank a short term CR assessment of Prime-1(cr).