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Credit Suisse starts coverage of UAE banks

Posted on 08 May 2009

From Khaleejtimes.com: Credit Suisse has started coverage of six UAE banks, including Abu Dhabi-based banks Union National Bank and First Gulf Bank which were assigned an “outperform” rating.

The National Bank of Abu Dhabi and the Dubai Islamic Bank were assigned an “underperform” rating, while Abu Dhabi Commercial Bank and Emirates NBD, the country’s biggest bank by assets, were rated as “neutral.”……Full Article: Source

 
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