News & Credit Rating Announcements
30 July 2020 | Country: Bahrain | Bank: United Gulf Bank B.S.C.
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United Gulf Bank - Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of United Gulf Bank (UGB) at 'BBB' and 'A3', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed UGB's Bank Standalone Rating (BSR) of 'bbb-' with a Stable Outlook. The Extraordinary Support Level of Moderate is maintained.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Bahrain, United Gulf Bank B.S.C.)
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