News & Credit Rating Announcements
26 September 2019 | Country: UAE | Bank: Abu Dhabi Commercial Bank
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Abu Dhabi Commercial Bank - 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 Short-Term Foreign Currency Rating (ST FCR) of Abu Dhabi Commercial Bank (ADCB) at 'A+' and 'A1', respectively. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bbb+', a Core Financial Strength (CFS) rating of 'bbb+' and an Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR is Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (UAE, Abu Dhabi Commercial Bank)
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