Fitch Ratings affirms Dubai Islamic Bank at "A" (LT Int. Scale (foreign curr.) credit rating); outlook stable

July 14, 2017 - CBonds

 

Fitch Ratings affirmed the "A" LT Int. Scale (foreign curr.) credit rating of Dubai Islamic Bank on July 13, 2017. The outlook is stable.
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Issuer: Dubai Islamic Bank
Issuer profile:
Dubai Islamic Bank (DIB), established in 1975, is the first Islamic bank to have incorporated the principles of Islam in all its practices and is the largest Islamic bank in the UAE.[citation needed]... more
Outstanding issues:
6 issuesUSD4,320,000,000
Issuer rating:
Moody's Investors ServiceBaa1/PositiveLT- foreign currency11/30/2016
Moody's Investors ServiceBaa1/PositiveLT- local currency11/30/2016
S&P Global RatingsNR/Foreign Currency LT03/14/2011
S&P Global RatingsNR/Local Currency LT03/14/2011
Fitch RatingsA/StableLT Int. Scale (foreign curr.)07/13/2017
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