Fitch assigns bank first long-term 'BBB+' rating
Fitch Ratings has announced that the investment bank "INB" has received a long-term credit rating of "BBB+" with a stable outlook, marking the first such rating for the bank in years. The rating reflects the strengthening of the bank’s financial position, improved financial performance, development of its governance framework and risk management, as well as its sustainable growth strategy following its return to profitability in 2025. This rating is an important step that supports the bank’s position in the local market and provides an opportunity to enhance its engagement with investors and financial markets in the UAE.
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