Fitch - Middle East News 247
February 12, 2025
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Fitch affirms Emirates Development Bank’s ‘AA-‘ credit rating with a stable outlook

Fitch Ratings has affirmed Emirates Development Bank’s (“EDB” or “the Bank”) at ‘AA-‘credit rating, demonstrating the Bank’s strong creditworthiness due to its strategic importance to the UAE’s national agenda. The rating also comes with a ‘stable’ outlook, indicating confidence in EDB’s long-term ability to maintain its financial stability. In its report, Fitch Ratings