CI - Capital Intelligence (Cyprus) Limited

09/24/2020 | Press release | Distributed by Public on 09/24/2020 01:50

Abu Dhabi Commercial Bank - Ratings Affirmed with a Stable Outlook

24 September 2020 | Country: UAE | Bank: Abu Dhabi Commercial Bank

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

  • Rating Announcement (CRA)
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