Sun, Apr 20, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Performance more

Capital Intelligence downgrades Emirates Bank International, National Bank of Dubai

Posted on 11 November 2009

From Globalarabnetwork.com: Capital Intelligence (CI), the international credit rating agency, today announced that it has reduced the long-term foreign currency ratings of Emirates Bank International (EBI) and National Bank of Dubai (NBD) to A+, one notch below that of the sovereign, to reflect the deterioration in asset quality and tight liquidity.
However, the likelihood of support from the sovereign in case of need remains high. The financial strength rating has been reduced to A…………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
282930