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From Globalarabnetwork.com: Standard & Poor’s Ratings Services said today that it has placed on CreditWatch with negative implications its ‘A-’ long-term counterparty credit ratings on Emirates Bank International (EBI), National Bank of Dubai (NBD), and Mashreqbank (Mashreq) and its ‘BBB+/A-2′ ratings on Dubai Islamic Bank (DIB).
At the same time, Standard & Poor’s has affirmed its ‘A-2′ short-term counterparty credit ratings on EBI, NBD, and Mashreq……………………………Full Article: Source
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S&P: 4 Dubai-based banks placed on creditwatch with negative implications
| Posted on 27 November 2009 |
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