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CI Seminars

CI Seminars

News & Credit Rating Announcements

25 September 2019 | Country: UAE | Bank: National Bank of Umm Al Qaiwain

National Bank of Umm Al Qaiwain - LT FCR Raised; Stable Outlook Affirmed


Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) of National Bank of Umm Al Qaiwain (NBQ) to 'A-' from 'BBB+' and affirmed the Short-Term Foreign Currency Rating (ST FCR) at 'A2'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bbb', a Core Financial Strength (CFS) of 'bbb-' and an Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable based on our expectation that there will not be any major changes to the Bank's financial fundamentals over the next 12 months.


  • Rating Announcement (CRA)
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  • Bank Rating Report (UAE, National Bank of Umm Al Qaiwain)
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