Topics in Middle Eastern and North African Economies
Document Type
Article
Publication Date
9-1-2018
Abstract
In June 2017, four countries in the Middle East led by Saudi Arabia imposed an embargo on Qatar. In response, confidence in Qatari banks was considerably shaken. Our research investigates the evolution in the Probability of Default (PD) of Qatar National Bank (QNB), the largest financial institution in Qatar using Merton’s distance to default methodology. We contrast the level of the PD during 5 critical events in the region and observe how these incidents have impacted the credit risk of QNB.
Journal Title
Topics in Middle Eastern and North African Economies
ISSN
2334-282X
Publisher
Middle East Economic Association and Loyola University Chicago
Volume
20
Issue
2
Recommended Citation
Haddad, Mahmoud and Hakim, Sam, "Qatar National Bank and Degree of Solvency". Topics in Middle Eastern and North African Economies, electronic journal, 20, 2, Middle East Economic Association and Loyola University Chicago, 2018, http://www.luc.edu/orgs/meea/
Creative Commons License
This work is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 License.
Copyright Statement
© 2018 The Authors
Comments
Presentation of the articles in the Topics in Middle Eastern and North African Economies was made possible by a limited license granted to Loyola University Chicago and Middle East Economics Association from the authors who have retained all copyrights in the articles.