Mubasher: Capital Intelligence Ratings (CI Ratings) has affirmed Ahli United Bank’s (AUB) Financial Strength Rating (FSR) at ‘A’, with a “Stable” Outlook.

AUB’s long- and short-term Foreign Currency Ratings (FCRs) were affirmed at “A-” and “A2”, respectively, according to a recent statement by CI Ratings.

CI Ratings clarified that AUB’s recent ratings were endorsed by good loan asset quality, geographically diversified balance sheet and revenue streams, comfortable liquidity pumped by customer deposit funding, and sound capital adequacy.

In addition, the bank’s strong and improved profitability at all levels has boosted the FSR, CI Ratings added.