Middle East Economic Survey
Moodys Changes Outlook On ADCB To Positive
Ratings agency Moodys on 13 September changed the outlook on Abu Dhabi Commercial Banks (ADCB) D- financial strength rating (FSR) to positive from stable. The outlook for the banks A2/Prime-2 foreign currency deposit ratings remains unchanged at stable. The improvement in the outlook reflects the changes initiated by the banks management throughout this year, aiming to strengthen its...