Fitch IBCA Assigns Ratings To GIB
Ratings agency Fitch IBCA announced on 14 February that it had assigned a long-term rating of BBB+ to Bahrain- based Gulf International Bank (GIB). It also said that it had assigned short-term individual and support ratings of F2, C and 3 respectively. According to the agency, the ratings reflect "GIBs ownership and strong likelihood of shareholder support, should it be necessary, its regional expertise and client...
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