Rakbank - Ratings Affirmed with a Stable Outlook

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and the Short-Term Foreign Currency Rating (ST FCR) of National Bank of Ras Al Khaimah (Rakbank) at 'A-' and 'A2' respectively. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'bbb'. The LT FCR and BSR Outlook is Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (UAE, National Bank of Ras Al-Khaimah (RAKBANK))
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