Browsing: Fitch

Emirates NBD, the UAE’s second-largest bank by total assets, has mandated a potential 10-year fixed-rate kangaroo bond denominated in Australian dollars, targeting benchmark size. The bank is currently gathering Indications of Interest (IoIs) at initial price thoughts (IPTs) around asset swaps plus 195 basis points.

Fitch Ratings has maintained United Arab Bank’s (UAB) Long-Term Issuer Default Rating (IDR) at ‘BBB+’…

Ratings agency says high vaccination rates in the GCC have driven the gradual easing of…