News & Credit Rating Announcements
04 October 2023 | Country: Sudan | Bank: United Capital Bank
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Ratings of United Capital Bank Withdrawn
Overview
Capital Intelligence Ratings (CI Ratings or CI) has withdrawn the credit ratings and discontinued analytical coverage of United Capital Bank (UCB) in Sudan. The decision to withdraw the ratings has been taken by CI Ratings at the request of the Bank, but also reflects the lack of reliable data for maintaining credit ratings – which is a direct consequence of the escalating conflict in Sudan.
Attachments
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Rating Announcement (CRA)
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