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Islamic Finance Briefing - Categorized | Banking more

Fitch affirms Abu Dhabi Islamic Bank at ‘A+’

Posted on 22 February 2010

From Bi-me.com: Fitch Ratings has affirmed Abu Dhabi Islamic Bank’s (ADIB) Long-term Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook, Short-term IDR at ‘F1′, Individual Rating at ‘C/D’, Support Rating at ‘1′ and Support Rating Floor at ‘A+’.

The affirmation of ADIB’s Long- and Short-term IDRs and Support Rating reflects the extremely high probability of support from its shareholders and the UAE authorities, in case of need……………………Full Article: Source

 
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