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Fitch affirms QNB at 'A+' upon acquisition announcement; stable outlook

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Qatar: Fitch Ratings has affirmed Qatar National Bank's (QNB) Long-term Issuer Default Rating (IDR) at 'A+' with a Stable Outlook and Viability Rating (VR) at 'a', following its agreement to acquire a 77.17% stake in National Societe Generale Bank (NSGB) - Egypt. A full list of rating actions is at the end of this rating action commentary. [AMEInfo.com]

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