| Fitch Ratings has affirmed Sharjah Islamic Bank's (SIB) Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook and Viability Rating (VR) at 'bb'. A full list of ratings is at the end of this comment.
SIB IDRs, Support Rating and Support Rating Floor reflect Fitch's opinion that there is a high probability of external support from the UAE authorities, if needed. The Support Ratings consider the authorities record of support for the UAE banking system...............................................Full Article: Source |