CBD Credit Ratings
|
Long Term |
Short Term |
Outlook |
Comments |
|
May 2021
|
A- |
F2 |
Stable |
- Adequate capitalisation
- Historically stable deposit base and reasonable stock of liquid assets
- Well entrenched Corporate banking business
- High willingness of the UAE authorities to support the banking sector
|
|
Long Term |
Short Term |
Outlook |
Comments |
|
October 2021
|
Baa1 |
A3 |
Stable
|
- Established commercial banking franchise in Dubai supports solid profitability
- Sound capitalisation
- Sound funding and liquidity
- Very high probability of support from the UAE authorities in case of need
|
For all Financials and Investor Relations queries, please contact us on: investor.relations@cbd.ae
