News & Credit Rating Announcements
12 July 2016 | Country: UAE | Bank: United Arab Bank
Sign up here as a Member to view the CRA or to purchase the related report.
United Arab Bank’s Ratings Affirmed with a ‘Negative’ Outlook
Overview
Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has affirmed the Financial Strength Rating (FSR) of UAE's United Arab Bank (UAB) at 'BBB+' based on the Bank's aggressive provisioning as well as its commitment to maintaining strong coverage on impaired loans. The rating is also supported by UAB's good capital adequacy ratio (CAR), reasonably good operating profitability (despite falling) and satisfactory liquidity.
Attachments
-
View Credit Rating Announcement (CRA)
PDF Download Available
-
Bank Rating Report (UAE, United Arab Bank)
Purchase Available - View price list
Sign up here as a Member to view the CRA or to purchase the related report.