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Islamic Finance Briefing - Categorized | Banking, Market Moves more

Sharjah Islamic Bank’s foreign currency and financial strength ratings affirmed with stable outlooks

Posted on 29 July 2011

Capital Intelligence (CI), the international credit rating agency, announced that it has maintained Sharjah Islamic Bank’s (SIB) foreign currency ratings at ‘A-’ long-term and ‘A2′ Short-Term with a ’stable’ outlook. The ratings are strongly underpinned by the support of the federal government.
The Bank’s ‘2′ support rating reflects its ownership by the government of Sharjah……………………………………….Full Article: Source

 
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