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Moody’s rules out ratings cut on UAE Banks

Posted on 30 November 2009

From Tradearabia.com: Moody’s Investor Service said that ratings on banks in the UAE were already on review, and that no immediate downgrades are expected in light of Dubai’s debt crisis.

The banks with significant exposure to the city-state’s crisis were already on review or carried a negative outlook on their deposit ratings, Moody’s said…………………………..Full Article: Source

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