News & Credit Rating Announcements
07 June 2024 | Country: UAE | Bank: Commercial Bank of Dubai
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Commercial Bank of Dubai - 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 Commercial Bank of Dubai (CBD) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed CBD's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (UAE, Commercial Bank of Dubai)
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