Wednesday 16, April 2008 by

Fitch affirms RAKBANK at A-/F2; outlook stable

Fitch Ratings has affirmed National Bank of Ras Al-Khaimah's (RAKBANK) ratings at long-term Issuer Default (IDR) A-, short-term IDR F2, individual C and support 1. The support rating floor is affirmed at A-. The outlook for the long-term IDR is stable.

Features & Analyses

Economics IMF updates on Iraq economy

Recent macroeconomic developments have been broadly positive in Iraq. Economic growth in Iraq reached 8.4 per cent in 2012 and… read more