Tag Archive

Dubai-Based Banks EBI And NBD Affirmed At ‘BBB/A-2′; Outlooks Are Negative; Ratings Withdrawn At Banks’ Request (Zawya)

By admin

29 January 2010 Dubai-based Emirates Bank International and National Bank of Dubai have merged, creating Emirates NBD. Dubai’s economic environment has deteriorated significantly and the banks have large exposures to weakened Dubai-based government-related entities. (read more…) Related items (AFX UK Focus) 2009-07-07 18:50 S&P cuts ratings on four Dubai banks amid slump (Interactive Investor) Emirates NBD Discontinues use...
Read more »

Emirates NBD Discontinues use of S&P Ratings (Zawya)

By admin

Dubai, 27 Jan 2010 (WAM) – Emirates NBD (DFM: EmiratesNBD) announced today that the company has elected to discontinue use of Standard & Poor’s Investors Service for rating of its banking subsidiaries, Emirates Bank International PJSC (EBI) and National Bank of Dubai PJSC (NBD). (read more…) Related items Emirates NBD to discontinue S&P’s credit ratings service (Zawya) Business...
Read more »

Emirates NBD to discontinue S&P’s credit ratings service (Zawya)

By admin

Dubai Emirates NBD announced yesterday that the company has decided to discontinue use of Standard & Poor’s (S&P) Investors Service for rating of its banking subsidiaries, Emirates Bank International (EBI) and National Bank of Dubai (NBD). (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Business : Emirates NBD Drops Standard & Poor’s (Khaleej Times) Emirates...
Read more »

Business : Emirates NBD Drops Standard & Poor’s (Khaleej Times)

By admin

DUBAI – Emirates NBD, the largest banking group in the Middle East by assets, said on Wednesday that it would discontinue the use of Standard & Poor’s Investors Service for rating of its banking subsidiaries, Emirates Bank International and National Bank of Dubai. (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Emirates NBD to...
Read more »

Emirates NBD discontinues use of S&P Ratings (Khaleej Times)

By admin

DUBAI – Emirates NBD (DFM: EmiratesNBD) announced today that the company has elected to discontinue use of Standard & Poor’s Investors Service for rating of its banking subsidiaries, Emirates Bank International PJSC (EBI) and National Bank of Dubai PJSC (NBD). (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Emirates NBD to discontinue S&P’s credit...
Read more »

Posted: 03-12-2009 , 09:55 GMT (Mena Report)

By admin

Standard & Poor’s Ratings Services said that it has lowered its long-term counterparty credit ratings on Emirates Bank International PJSC (EBI), National Bank of Dubai (NBD), and Mashreqbank (Mashreq) to ‘BBB’ from ‘A-’. The short-term counterparty credit ratings were affirmed at ‘A-2′. (read more…) Related items Business : Emirates NBD Drops Standard & Poor’s (Khaleej Times) Emirates NBD...
Read more »

Moody’s assigns ratings to Emirates NBD PJSC, ratings on review (Zawya)

By admin

DIFC, November 24, 2009: Moody’s Investors Service has today assigned the following ratings to Emirate NBD Emirate NBD PJSC (” Emirates NBD Emirates NBD “), which has been created following the legal merger of Emirates Bank International PJSC (“EBI”) and National Bank of Dubai PJSC (“NBD”). (read more…) Related items Emirates NBD Discontinues use of S&P Ratings...
Read more »

Capital Intelligence downgrades Emirates Bank International and National Bank of Dubai (AME Info)

By admin

Capital Intelligence (CI), the international credit rating agency, today announced that it has reduced the long-term foreign currency ratings of Emirates Bank International (EBI) and National Bank of Dubai (NBD) to A+, one notch below that of the sovereign, to reflect the deterioration in asset quality and tight liquidity. (read the story…) Related items Business : Emirates...
Read more »

Emirates NBD seeks approval to transfer shares (AME Info)

By admin

Emirates NBD, which was formed after a merger of Emirates Bank International and National Bank of Dubai in October 2007, has asked for the approval of the Dubai Financial Market to transfer shares of the two banks to the parent, Bloomberg has reported. (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Emirates NBD to...
Read more »

Seven U.A.E. Banks Downgraded by Fitch on Less Aid (Update1) (Bloomberg)

By admin

Sept. 24 (Bloomberg) — Fitch Ratings downgraded Commercial Bank of Dubai , Emirates Bank International PJSC, Mashreqbank PSC and four other lenders in the United Arab Emirates, citing the “weakened” ability of local governments to support them. (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Emirates NBD to discontinue S&P’s credit ratings service (Zawya) Business...
Read more »

Emirates Bank, Mashreqbank Credit Risk Climbs on Moody’s Review (Bloomberg)

By admin

Aug. 11 (Bloomberg) — The cost of protecting debt sold by Emirates Bank International PJSC and Mahreqbank PSC from default climbed after Moody’s Investors Service placed the Dubai-based lenders’ ratings on review for possible downgrade. (read more…) Related items Emirates NBD Discontinues use of S&P Ratings (Zawya) Emirates NBD to discontinue S&P’s credit ratings service (Zawya) Business : Emirates...
Read more »