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


Email this story Print this page zoomin zoomout

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>>>

© Copyright - Emirates 24|7
comments powered by Disqus

Middle East Stock Markets

Index Last Change %Change
TASI 5,882.44 +85.59 1.48%
ADI 4,264.44 -24.91 -0.58%
DFMGI 3,336.76 -22.63 -0.67%
QE 10,404.19 -2.11 -0.02%
KSE 5,389.01 +47.49 0.89%
MSM30... 5,522.860 -8.590 -0.16%
ASE... 2,107.18 +5.65 0.27%

Recent Analyst Actions  >>

Company Price Opinion
Abdullah Al Othaim Markets 125.60 Overweight
The Saudi British Bank 27.30 Strong Buy
Saudi Telecom Co. 68.90 Overweight
Abdul Mohsen Al-Hokair Group 40.50 Overweight
Bupa Arabia for Cooperative 137.60 Overweight

Markets Today Quick Links


Get all the latest updates about the GCC & Global Markets directly to your email