Fitch affirms Commercial Bank of Dubai's credit ratings

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'.

 

Mubasher Contribution Time: 31-Jul-2016 05:27 (GMT)
Mubasher Last Update Time: 31-Jul-2016 05:27 (GMT)