Fitch Ratings
Fitch: UAE banks to extend strong performance in 2008
- Fitch Ratings says in a special report issued today that the positive trend in UAE banks' performances continued in 2007 and is expected to persist in the current year.
- United Arab Emirates: Tuesday, May 13 - 2008 at 07:20
Fitch upgrades Bank Muscat's individual rating 'B/C'
- Fitch Ratings has today upgraded Oman-based Bank Muscat's (BM) Individual rating to 'B/C' from 'C' and affirmed its other ratings at Long-term Issuer Default (IDR) 'A-' (A minus) with Stable Outlook, Short-term IDR 'F2' and Support '1'.
- Oman: Sunday, May 11 - 2008 at 10:48
Fitch: Tightening of Shariah guidelines may stifle ABS Sukuk Market development
- Fitch Ratings says further tightening of the guidelines issued by Shariah scholars on Islamic securities issuance may negatively affect the development of a liquid and efficient asset-backed sukuk market.
- United Arab Emirates: Saturday, May 10 - 2008 at 10:09
Fitch rates Ras Al Khaimah's RAK Capital Dhs trust certificates expected 'A'
- Fitch Ratings has today assigned RAK Capital's AED trust certificates (Sukuk) due 2013 an expected 'A' senior unsecured rating.
- United Arab Emirates: Tuesday, May 06 - 2008 at 13:35
Fitch places Arab Banking Corporation on Rating Watch Negative; downgrades individual to 'C/D'
- Fitch Ratings has placed Bahrain-based Arab Banking Corporation's (ABC) Long-term Issuer Default Rating (IDR) of 'BBB+', Short-term IDR of 'F2' and Support Rating Floor of 'BBB+' on Rating Watch Negative (RWN).
- Bahrain: Tuesday, May 06 - 2008 at 07:42
Fitch (UK) withdraws ratings of the National Iranian Oil Company and two Iranian banks
- Fitch Ratings (UK) has affirmed the National Iranian Oil Company's (NIOC) Long-term Issuer Default Rating (IDR) at 'B+' with a Stable Outlook and has simultaneously withdrawn the rating.
- Iran: Monday, May 05 - 2008 at 10:38
Fitch affirms Bank Audi and Byblos Bank at 'B-'; Outlook Stable
- Fitch Ratings has affirmed Lebanon-based Bank Audi S.A.L.'s (Bank Audi) and Byblos Bank's (Byblos) ratings at Long-term Issuer Default (IDR) 'B-' (B minus) with Stable Outlook, Short-term IDR 'B', Individual 'D' and Support '5'.
- Lebanon: Thursday, May 01 - 2008 at 09:18
Fitch (UK) affirms Bank of Industry and Mine at 'B+'; Outlook Stable
- Fitch Ratings (UK) has affirmed Iran's Bank of Industry and Mine's (BIM) ratings at Long-term Issuer Default (IDR) 'B+' with Stable Outlook, Short-term IDR 'B', Individual 'D' and Support '4'. The Support Rating Floor is affirmed at 'B+'.
- Iran: Thursday, April 24 - 2008 at 08:22
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