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NBAD's AAA financial institution rating affirmed
- United Arab Emirates: Thursday, October 25 - 2012 at 03:31
Malaysia's RAM Ratings has said it has reaffirmed National Bank of Abu Dhabi's (NBAD) respective long-and short-term financial institutions ratings at AAA and P1, Bernama has reported. The AAA Rating of the Group's Senior Medium-Term Notes (MTN), issued under its existing Islamic/Conventional MTN Programme of up to RM3bn ($980m) (2010/2030) (MTN Programme), has also been reaffirmed. RAM Ratings said that all the long-term ratings have a 'Stable' outlook.
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