Saturday 13 February 2016
 
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Ratings

S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

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S&P may cut oil countries' ratings to reflect 'new reality'

Credit rating agency Standard & Poor's signalled on Friday that oil-exporting countries face fresh downgrades as crude prices fall further and that it could repeat last year's move when it made a big group of cuts all at once.

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BKIC boost as ratings affirmed

Ratings agency AM Best International has affirmed the financial strength rating A- and the issuer credit rating of “a-” of Bahrain Kuwait Insurance Company (BKIC), with stable outlook for both ratings. In a statement, AM Best said

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IIRA reaffirms ratings of Bank ABC Islamic

The Islamic International Rating Agency (IIRA) has reaffirmed the ratings of Bank ABC Islamic at A+(bh) (Single A Plus)/A1(bh) (A One) on the national scale (long term and short term respectively), and A- (Single A Minus)/A2 (A Two) on the int

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GFH gets key Fitch ratings boost

GFH Financial Group (GFH), the Bahrain based Islamic financial group, said it has received a long-term Issuer Default Rating (IDR) at 'B-' with a stable outlook from international credit rating agency Fitch. Fitch has prim

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National Bank of Kuwait gets top ME ratings

Moody’s Investors Service has affirmed National Bank of Kuwait’s (NBK) long-term global local currency (GLC) deposit rating at Aa3, the highest in the Middle East and North Africa, with a stable outlook. NBK’s ra

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GFH boost as key ratings affirmed

GFH Financial Group has announced that Capital Intelligence, the international credit rating agency, has affirmed GFH’s Long-Term Rating at ‘BB’ and Short-Term Rating at ‘B’. The outlook for GFH’s ratings ha

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Moody's assigns first-time ratings to Invest Bank

Moody's Investors Service has assigned long and short term local and foreign currency deposit ratings of Baa3/Prime-3 to UAE-based Invest bank and a baseline credit assessment (BCA) of ba2. The long-term ratings carry a stable outlo

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Moody's downgrades 3 Lebanese banks' ratings

Moody's Investors Service recently downgraded to B2 the long-term deposit ratings of three Lebanese banks: Bank Audi, BLOM Bank  and Byblos Bank. Concurrently, Moody's lowered the baseline credit assessments of the th

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Moody's upgrades Aldar's ratings to Baa3

Moody's Investors Service has upgraded the ratings of Aldar Properties, an Abu Dhabi real estate company, from Ba1 to Baa3. Concurrently, the ratings agency upgraded the rating of the $750 million Trust Certificates due in 201

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