Dubai – Mubasher: Fitch Ratings has affirmed the UAE-based Commercial Bank of Dubai's (CBD) long-term and short-term Issuer Default Ratings (IRD) at 'A' and 'F2' respectively, with a ‘Stable’ outlook.
CBD’s Viability Rating (VR) was affirmed at 'BB+', support Rating affirmed at '1', and the support rating floor affirmed at 'A-'.
The rating agency has affirmed CBD’s senior unsecured debt affirmed at 'A-'/'F2'.