Ras Al Khaimah’s strategic approach to sustainable, cross-sector growth and strong economic and investment environment has been validated by international credit rating agency Fitch, which reaffirmed the rating at ‘A+’ with a stable outlook. Ras Al Khaimah Government welcomed the announcement
Stable Outlook
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%











