S&P reaffirms Al Baraka Banking Group’s rating
Manama: The Bahrain based leading international Islamic banking group Al Baraka Banking Group (B.S.C.) announced that Standard & Poors’ (S&P) ...
Tag: S&P
S&P revises ABG’s outlook from negative to stable
Shaikh Saleh Kamel Chairman ABG BoardDUBAI: Standard & Poor's Ratings Services had revised its outlook on ...
S&P affirms Emirate of Ras Al Khaimah at A/A-1
Standard & Poor's Ratings Services affirmed its 'A/A-1' long and short-term foreign and local currency sovereign credit ratings on Ras ...
Saudi Arabia’s Govt. deficit may reach 6% of GDP
MANAMA: With Standard & Poor's Ratings Services affirmed its long- and short-term foreign and local currency sovereign credit ratings on ...
Basel III requirements could resolve IFIs weaknesses
PARIS: Regulatory proposals for a liquidity coverage ratio for Islamic financial institutions could help to address some of the industry's ...
Bahraini banks are more vulnerable to credit losses
Paris: The significant drop in oil prices could lead to higher credit losses and lower liquidity for some banking systems ...
S&P downgrades Mumtalakat’s rating to negative
Standard & Poor's Ratings Services lowered its long- and short-term foreign and local currency issuer credit ratings on Bahrain Mumtalakat ...
S&P downgrades GIB rating one notch to stable
PARIS: Standard & Poor's Ratings Services revised its outlook on Bahrain-based Gulf International Bank (GIB) to stable from positive. S&P ...
Saudi Arabia’s negative outlook due to fiscal weakening
MANAMA: S&P says that its negative outlook on Saudi Arabia reflects agency’s view that Saudi Arabia's general government fiscal position ...
Bahrain Government’s deficit widens 8% of GDP
MANAMA: As a result of sharp decline in oil prices, Bahrain's Government’s deficit widening to 8% of GDP in 2015, ...