Capital Intelligence (CI), the international credit rating agency, today announced that it has affirmed Rakbank’s foreign currency ratings at A- long-term and A2 short-term. The ratings are underpinned by the high likelihood of support from UAE authorities in case of need. The financial strength rating is maintained at BBB+ reflecting the bank’s good management and sound overall financials. All ratings carry a ‘Stable’ outlook. Rakbank has differentiated itself from other ...