VOL. XLIII

No. 36

4-September-2000

DUBAI

Thomson Financial BankWatch Assigns Dubai Commercial Bank Senior Debt Rating

Ratings agency Thomson Financial BankWatch (TFBW) announced on 25 August that it had assigned a Senior Debt Rating of A to the UAEs Commercial Bank of Dubai. It also affirmed that the bank carries a Short-Term Local Currency Debt Rating of LC-1.

A statement from TFBW explained that the Commercial Bank of Dubai, whose roots lie in trade finance, now "enjoys a wider net interest...