Wednesday 18, April 2012 by Robin Amlôt
Fitch affirms Sharjah Islamic Bank at 'BBB+'
Fitch Ratings has affirmed Sharjah Islamic Bank 's ( SIB ) Long-term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook and Viability Rating (VR) at 'bb'. Sharjah Islamic Bank’s IDRs, Support Rating and Support Rating Floor reflect Fitch's opinion that there is a high probability of external support from the UAE authorities, if needed.
