Published: Sep 04, 2014
Source: Emirates 24|7

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Fitch upgrades Al Hilal Bank, affirms 8 others’ ratings

Asset quality of financial institutions remains an issue, says ratings agency

International ratings agency Fitch on Thursday upgraded Al Hilal Bank and affirmed 8 other banks and one non-bank financial institution rating.

Fitch said it had upgraded Al Hilal Bank's (AHB) Viability Rating (VR) and affirmed the VRs of the other seven banks and all other ratings. Read more>>>

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