30.11.2009 - Fitch downgrades Dubai Bank, Tamweel and Bahrain-based TAIB Bank
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
Print