United Arab Bank - Outlook Revised to Stable; All Other Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook for the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of United Arab Bank (UAB) to Stable from Negative.  At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) of 'BBB' and 'A2', respectively. UAB's BSR of 'bb+', Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of High have also been affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (UAE, United Arab Bank)
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