Thomson Bankwatch Rates UNB
On 17 July the US ratings agency Thomson Bankwatch assigned first-time ratings to UnionNational Bank (UNB) of Abu Dhabi. The ratings are:
Intra-Country Issuer Rating
Short-Term Local Currency Debt Rating
Senior Debt Rating
UNB commenced its operations in 1991 after the renaming of the Bank of Credit andCommerce Emirates, an affiliate of the failed Bank of Credit and Commerce International(BCCI). The bank is...