VOL. XLII
No. 28
12-July-1999
UAE
Capital Intelligence Assigns New Foreign Currency RatingsFor UAE Banks
Capital Intelligence (CI) announced on 5 July that it hasassigned new foreign currency ratings for major banks in the United ArabEmirates (UAE). The agency said the ratings take into account the full impactof transfer risk and are subject to the sovereign ceiling of the host country.The UAEs sovereign ratings have been set at A long-term and A2 short-term."The ratings underpin the pragmatic,...
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