Wednesday 26, January 2011 by

Fitch removes CBD, Mashreq individual ratings from ‘Ratings Watch Negative’

Fitch Ratings has affirmed Commercial Bank of Dubai's (CBD) Long-term Issuer Default Rating (IDR) at 'A-' with a Stable Outlook, Short-term IDR at 'F2', Individual Rating at 'C', Support Rating at '1' and Support Rating Floor at 'A-'. The Individual Rating has been removed from Rating Watch Negative (RWN) and affirmed at 'C'.

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