Browse
related articles
Moody's downgrades Abu Dhabi Commercial Bank
- United Arab Emirates: Wednesday, December 30 - 2009 at 09:26
Moody's Investors Service has said it has downgraded its ratings on Abu Dhabi Commercial Bank, citing weakened financial strength due to increasing loan delinquencies and impairments of investments, the Wall Street Journal has reported. Moody's said it expects the weakening operating environment in Dubai and the recent restructuring of Dubai World will continue to weigh on the bank's loan quality and likely profitability in the foreseeable future.
Related Content
Article Options
StaffWednesday, December 30 - 2009 at 09:26 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / 4C.
Disclaimer »
Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / 4C. AME Info FZ LLC / 4C is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
