This inclusive community service is available daily on Al Hamriya Beach from 6.00am to sunset
uae5 hours ago
The likelihood of official support takes into account, recent improvements in sovereign creditworthiness and Capital Intelligence’s expectation that the government of Abu Dhabi would ultimately be willing to help distressed financial institutions owned by the federal or local governments, should the need arise. Rakbank’s foreign currency short-term rating is affirmed at A2 and the financial strength rating at BBB+. All ratings have a stable outlook.
Rakbank has one of the best managed retail banking businesses among UAE banks.
The bank’s management has established a track record of delivering consistently strong results for several years. Rakbank’s wide interest differential and strong non-interest revenue base contribute to its good profitability. Asset quality is sound, underpinned by good credit management.
This inclusive community service is available daily on Al Hamriya Beach from 6.00am to sunset
uae5 hours ago
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