Fitch downgrades NBB, BBK to BBB- from BBB
London: Fitch Ratings has downgraded National Bank of Bahrain's (NBB) and BBK B.S.C.'s (BBK) long-term issuer default ratings (IDRs) to ...
Tag: Fitch Ratings
Fitch rates DIB’s proposed $2.5b Sukuk
Dubai/London: Fitch Ratings has assigned DIB Sukuk Limited's (DIB Sukuk) new issuance an expected senior unsecured rating of A (EXP). ...
Liquidity initiatives benefit Bahrain, UAE Islamic banks
Dubai/London: The April launch of one-week sharia-compliant contracts with the central bank will benefit Bahrain's Islamic banks because they broaden ...
Fitch affirms Arab Bank at BBB-; outlook negative
London: Fitch Ratings has affirmed Jordan-based Arab Bank PLC's (Arab Bank) long-term issuer default rating (IDR) at BBB- and Viability ...
Tunisia’s Arab Spring yields positive results
Paris/London: The prospect of a new Tunisian government in the coming weeks is positive for the sovereign's credit profile, Fitch ...
Fitch affirms Kuwait at AA; outlook stable
London: Fitch Ratings has affirmed Kuwait's long-term foreign and local currency issuer default ratings (IDR) at AA. The outlooks are ...
Fitch revises Bahrain’s outlook to negative
London: Fitch Ratings has revised the outlooks on Bahrain's long-term foreign and local currency issuer default ratings (IDR) to negative ...
Fitch maintains stable rating for all GCC banks
Fitch Ratings has maintained stable rating outlooks on all banks in the Gulf Cooperation Council (GCC), largely driven by the ...
Oil prices, policies and politics to dominate MEA ratings
Falling oil prices, the policy response of oil exporters, reform momentum and politics, will be the main influence on ratings ...
Low oil prices become worst nightmare for oil producers
London: Weaker oil prices should drive worse-than-expected full-year results for major oil and gas producers, according to Fitch Ratings. “How ...