Capital Intelligence affirms Sharjah Islamic Bank ratings
Capital Intelligence has affirmed the ratings of Sharjah Islamic Bank. The long-term rating has been maintained at A-, and the short-term at A2, with a stable outlook. This reflects the strength of the bank's credit profile and the expected government support. The ratings are three levels higher than the bank's standalone rating, which enhances the likelihood of it receiving extraordinary support from the UAE government in the future.
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