VOL. XLVI
No 24
16-June-2003
ABU DHABI
RATINGS
Capital Intelligence Upgrades National Bank of Abu Dhabi
Capital Intelligence announced on 6 June that it had raised the foreign currency ratings of the National Bank of Abu Dhabi (NBAD) to A+ long-term and A1 short-term, from A and A2 respectively. The ratings were changed following the recent upgrade in the foreign currency ratings of the UAE sovereign to A+ long-term and A1 short-term (from A and A2 respectively). The financial strength rating is...
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