Ahli United Bank (AUB) has confirmed that a long-term issuer default rating (IDR) rating has been affirmed by Fitch for Ahli United Bank (AUB-UK) PLC, according to a bourse statement issued on Thursday.
Fitch has affirmed AUB-UK PLC’s IDR at “BBB+”, with a ‘Stable’ Outlook. Also, the Viability Rating (VR) was affirmed at “bbb-“.
AUB-UK's short-term IDR has been affirmed at “F2” and its Support Rating at “2”, according to a Fitch’s statement on 27 January.
Fitch clarified that the ratings reflected the bank’s solid capitalisation and liquidity, and its experienced management team.
