News & Credit Rating Announcements
08 September 2022 | Country: UAE | Bank: National Bank of Umm Al Qaiwain
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National Bank Umm Al Qaiwain - Ratings Affirmed with a Stable Outlook
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 National Bank of Umm Al Qaiwain (NBQ) at 'A-' and 'A2', respectively, and the Bank Standalone Rating (BSR) at 'bbb'. The Outlook for the LT FCR and BSR is Stable. At the same time, CI Ratings has raised the Bank's Core Financial Strength (CFS) rating to 'bbb' from 'bbb-'. The Extraordinary Support Level (ESL) of High is affirmed.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (UAE, National Bank of Umm Al Qaiwain)
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