VOL. XLVI
No 51/52
22/29-December-2003
RATINGS
Capital Intelligence Upgrades Abu Dhabi Islamic Banks Financial Strength Rating
Capital Intelligence announced on 9 December that it has raised the financial strength rating of Abu Dhabi Islamic Bank (ADIB) to A- from BBB+. The foreign currency ratings were affirmed at A- (long-term), A2 (short-term) and the support rating at three. The outlook remains stable for all the ratings. ADIBs balance sheet is characterized by strong capitalization and high...
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