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From Globalarabnetwork.com: Fitch Ratings has today downgraded the Long-term Issuer Default Ratings (IDRs) of Dubai Bank (to ‘BBB-’ from ‘BBB+’), Tamweel PJSC (to ‘BB’ from ‘BBB’) and TAIB Bank (to ‘BB’ from ‘BBB-’). The Outlooks on Dubai Bank and TAIB Bank are Negative.
Tamweel remains on Rating Watch Evolving…………………………..Full Article: Source
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Fitch downgrades Dubai Bank, Tamweel and Bahrain-based TAIB Bank
| Posted on 30 November 2009 |
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