News & Credit Rating Announcements
20 September 2024 | Country: UAE | Bank: Abu Dhabi Commercial Bank
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Abu Dhabi Commercial Bank - 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 Abu Dhabi Commercial Bank (ADCB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ADCB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+', and Extraordinary Support Level (ESL) of Very High. The Outlook for the ratings is Stable.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (UAE, Abu Dhabi Commercial Bank)
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