Fitch Learning, a global leader in financial learning and professional certifications, today announced it has signed an agreement with Moody’s to acquire two of their businesses, Moody’s Analytics Learning Solutions (MALS), a global provider of credit training and the Canadian Securities
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United Arab Bank (UAB) announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’ with a Stable outlook and upgraded its Viability Rating (VR) to ‘bb-‘ from ‘b+’. The upgrade of the VR reflects the bank’s improved asset quality and profitability metrics, which Fitch expects to be sustained in the medium
Ras Al Khaimah’s credit rating has been upgraded to ‘A+’ from the previous ‘A’, by the international credit rating agency Fitch Ratings. The upgrade reflects the Emirate’s improved credit metrics driven by stronger medium-term growth forecasts. The growth forecasts for the Emirate are based on large investment projects and further economic diversification. Ras Al Khaimah’s
Bank of Sharjah is pleased to announce that Fitch Ratings has affirmed its Long-Term Issuer Default Rating (IDR) at ‘BBB+’with a stable outlook and upgraded its Viability Rating (VR) to ‘b-‘ from’ccc+’. The VR upgrade reflects the bank’s improved consolidated capitalisation following the reclassification of Emirates Lebanon Bank (ELB), its 100%
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














