Thursday 27, July 2017 by Georgina Enzer

Sharjah Islamic Bank’s ratings affirmed with a ‘Stable’ Outlook

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Financial Strength Rating (FSR) of UAE’s Sharjah Islamic Bank (SIB) at ‘BBB+’ based on the strength of its solid capital adequacy ratio (CAR), good liquidity, moderately good operating profitability and return on average assets (ROAA), and improving coverage ratio.

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