Sunday 30, April 2017 by Nabilah Annuar

Moody's affirms United Arab Bank's long-term deposit rating and revises outlook to negative

Moody's Investors Service has affirmed United Arab Bank PJSC (UAB)'s Baa2 long-term deposit ratings, its Prime-2 short-term deposit ratings, ba1 adjusted baseline credit assessment (BCA), ba1 BCA and Baa1(cr)/Prime-2(cr) Counterparty Risk Assessment. At the same time, Moody's has changed the outlook on the bank's long-term deposit ratings to negative from stable.

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