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BUSINESS

BUSINESS latest

Bank ABC’s Investment Grade Rating of BBB- and Stable outlook  Affirmed by Fitch Ratings
May 14th, 2026 - 03:26 GMT

Bank ABC’s Investment Grade Rating of BBB- and Stable outlook Affirmed by Fitch Ratings

Bank ABC (Arab Banking Corporation B.S.C.), leading international bank headquartered in the Kingdom of Bahrain, is extremely pleased to announce that Fitch Ratings has affirmed its ‘BBB-’ Long-Term IDR with Stable Outlook and Viability Rating (VR) at ‘bbb-.’ Fitch has announced the rating affirmation, citing the Bank's prudent risk management and a robust capital and liquidity position. It has also recognised Bank ABC's stable asset quality, limited exposure in its core operating markets, and its diversified geographical footprint with strong wholesale banking expertise. Importantly, Fitch highlighted the Bank’s strong capital ...
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Al Bawaba
August 15th, 2001 - 02:00 GMT

Egyptian exports 72,000 tons of rice to Turkey

Al Bawaba
August 15th, 2001 - 02:00 GMT

Net profits $14.8 million for Egypt’s National Bank

Al Bawaba
August 15th, 2001 - 02:00 GMT

Egyptian natural gas plant to open by 2003

Al Bawaba
August 15th, 2001 - 02:00 GMT

World Bank to provide fewer loans to Arab world

Al Bawaba
August 15th, 2001 - 02:00 GMT

Parched Jordan looks for private investment on major water project

Al Bawaba
August 15th, 2001 - 02:00 GMT

Cairo bourse up, high-cap stocks on the rise

Al Bawaba
August 15th, 2001 - 02:00 GMT

Philippines seeks greater participation in Iraq oil-for-food program

Al Bawaba
August 15th, 2001 - 02:00 GMT

Italy’s Snamprogetti wins $130 million contract

Al Bawaba
August 15th, 2001 - 02:00 GMT

ABB to build $93 million gas station in Algeria

Al Bawaba
August 15th, 2001 - 02:00 GMT

Gulf International Bank posts $73 million profit in H1

Al Bawaba
August 15th, 2001 - 02:00 GMT

Fire in Oman’s oil well still blazing

Al Bawaba
August 15th, 2001 - 02:00 GMT

European giants eyeing Morocco’s telephony market

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