Limassol, May 25, 2016 -- Qatar National Bank's (QNB, Aa3 deposits negative outlook, baa1 BCA) planned acquisition of Turkish lender Finansbank AS (Ba2 deposits on review for upgrade, b1 on review for upgrade) offers considerable advantages for the group, but the large acquisition in a relatively volatile emerging market will expose the bank's asset quality to downside risks and add to the headwinds in its domestic operations owing to low oil prices, Moody's Investors Service has said in a report published today.
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