Wednesday 15, April 2009 by

Gulf International Bank affirmed at BBB+/A-2 after sale of securities

Standard & Poor's said it has affirmed its 'BBB+' long-term counterparty credit rating on Bahrain-based Gulf International Bank (GIB) and removed it from CreditWatch negative where it was initially placed on 10 February 2009. At the same time, the 'A-2' short-term counterparty credit rating was affirmed. The outlook is stable.

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more