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CI maintains ADCB rating at A; outlook stable

CI maintains ADCB rating at A; outlook stable
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Abu Dhabi - Mubasher: Capital Intelligence Ratings (CI) has affirmed the financial strength rating (FSR) of Abu Dhabi Commercial Bank (ADCB) at 'A', according to a report issued on Tuesday.

The ratings agency also maintained the bank’s foreign and local currency ratings at 'A+'.

The report pointed to the bank's strong capital adequacy ratio (CAR), good asset quality, sound profitability and satisfactory liquidity are the principal factors supporting the FSR.