No. 27



Moodys Assigns Baa3/P-3 Long And Short Term Ratings To National Bank Of Ras Al-Khaimah

US ratings agency Moodys Investors Service announced on 21 June that it had assigned a Baa3/P-3 long and short-term bank deposits rating to the UAEs National Bank of Ras al-Khaimah. It also said that it had assigned a financial strength rating (FSR) of D and that both ratings carry a stable outlook. According to a statement from the agency, the FSR was constrained by the banks...