VOL. XLVI
No 33
18-August-2003
UAE
RATINGS
Capital Intelligence Puts First Gulf Bank Ratings On Positive Outlook
Capital Intelligence announced on 7 August that it had placed the ratings of Abu Dhabis First Gulf Bank (FGB) on a positive outlook following the continuing improvement in its financials. Foreign currency ratings were affirmed at BBB- long-term and A3 short-term while the financial strength rating was maintained at BBB-. The banks investment grade ratings are underpinned by its strong...
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