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Al Hilal Bank’s Viability Rating upgraded by Fitch based on high growth & strong track record

Islamic bank, has announced that its Viability Rating (VR) has been upgraded by global rating agency Fitch ... announced that its Viability Rating (VR) has been upgraded by global rating agency Fitch Ratings. Fitch has ... rating by Moody’s and an A+ by Fitch in 2013, representing the highest credit ratings ever given ...

Press Release - 15/09/2014 - 13:12 - comment 0

Fitch re-affirms Bahrain-based GIB's credit rating

The international credit rating agency Fitch Ratings ... The international credit rating agency Fitch Ratings has re-affirmed Bahrain-based Gulf International Bank’s (GIB) ... Fitch’s highest short term rating. The Bank’s London-based subsidiary, GIBUK, has also received a similar ...

Press Release - 04/04/2011 - 11:49 - comment 0

Qatari aid to Egypt gets Fitch approval

Global ratings agency Fitch Ratings called Qatar’s ... Global ratings agency Fitch Ratings called Qatar’s decision to provide Egypt with an additional $3bn in aid “as a positive sign of things to come”. Fitch added in a memorandum that the support would ...

14/04/2013 - 12:38 - comment 0

Fitch affirms Jebel Ali Free Zone FZE at B+

Fitch Ratings has affirmed Jebel Ali Free Zone ... Fitch Ratings has affirmed Jebel Ali Free Zone FZE's (JAFZ) Long-term Issuer Default Rating (IDR) at 'B+', with a Stable Outlook. Fitch has also affirmed JAFZ Sukuk (2019) Limited's senior secured ...

23/06/2013 - 11:34 - comment 0

Ratings agency downgrades Egypt

by Fitch. Credit-rating agency Fitch cut Egypt's sovereign rating from "B+" to "B" citing political strife and an ever-growing budget deficit.   Fitch ... downgrade) (BUSINESS, Economy & Trade, Main headlines, Egypt) Credit-rating agency Fitch cut ...

30/01/2013 - 20:36 - comment 0

Oil to continue underpinning strong GCC growth

will underpin robust GCC economic performance in 2013, according to a new report from Fitch Ratings. ... according to a new report from Fitch Ratings. Fitch's newly-published quarterly GCC Sovereign Credit ... economy Fitch has raised its Brent oil price forecast to $105 per barrel for 2013. However, Saudi Arabia ...

12/03/2013 - 08:58 - comment 0

Qatar to be fastest growing GCC economy

sovereigns in 2013, driven by the government’s huge capital investment programme, Fitch Ratings has forecast. ... capital investment programme, Fitch Ratings has forecast. Growth is set to rise as the fiscal ... and business confidence, Fitch said in its first quarterly GCC Sovereign Credit Overview.  ...

02/12/2012 - 04:00 - comment 0

Fitch affirms NBK’s AA- rating with a stable outlook

Fitch Ratings, the international credit rating agency, ... Outlook. Fitch Ratings, the international credit rating agency, affirmed ... Fitch said that NBK’s ratings reflect the bank’s dominant domestic franchise and international network, ...

Press Release - 10/06/2012 - 05:40 - comment 0

Fitch is not impressed: Egypt credit ratings constant despite Sisi's win

The victory of Field Marshal Abdel Fattah Al-Sisi does not alter Fitch Ratings’ “expectation ... agency added. Fitch Ratings pointed out that the government’s actions, along with Al-Sisi’s broad ... consolidation, which would initially focus on subsidies. According to Fitch Ratings, Egyptian authorities ...

01/06/2014 - 04:00 - comment 0

Fitch assigns ‘A’ rating to Dubai Islamic Bank

been assigned an ‘A’ rating by Fitch Ratings, the New York and London-headquartered global ratings ... an ‘A’ rating by Fitch Ratings, the New York and London-headquartered global ratings agency.  Fitch ... The Individual Rating, according to Fitch, reflects DIB's strong franchise, earnings power and satisfactory ...

Press Release - 22/02/2011 - 08:11 - comment 0