Middle East Economic Survey
VOL. LIV
No 18
2-May-2011
UAE
S&P Raises Sharjah Islamic Banks Rating To BBB+
Standard & Poors Ratings Services raised to BBB+ from BBB its long term counterparty credit rating on Sharjah Islamic Bank (SIB), based in the Emirate of Sharjah (not rated), on 21 April. At the same time, S&P affirmed the A-2 short-term counterparty credit rating. The outlook is stable. We expect SIB to navigate out of the crisis with a relatively unscathed financial...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!