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...