Mubasher TV
Contact Us Advertising   العربية

Fitch affirms ABC’s credit ratings at “BBB-“

Fitch affirms ABC’s credit ratings at “BBB-“
(Photo credit: Arab Banking Corporation)
Bank ABC
ABC
0.00% 0.30 0.00

Mubasher: Fitch Ratings has affirmed Arab Banking Corporation's (ABC) Long-Term Issuer Default Rating (LT IDR) at “BBB-“, with a “Stable” outlook.

ABC's Long-Term IDR is driven by the Bank's standalone strength, as reflected by the viability rating and the support rating is driven by potential institutional support from its shareholders, according to a bourse filing.