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Islamic Finance Briefing - Categorized | Finance, Performance more

Gulf Finance retains ‘BB’ rating

Posted on 20 August 2009

From Menafn.com: Gulf Finance Corporation, a wholly-owned subsidiary of SHUAA Capital, announced that Capital Intelligence, a regional credit rating agency, has reaffirmed its long-term ‘BB’ rating with a stable outlook.

In its rating report, the rating committee of Capital Intelligence highlighted the low level of non-performing loans, adequately capitalised balance sheet and the management capability as the rational for the rating decision………..Full Article: Source

 
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