S&P RAISES THE LONG TERM CREDIT RATING OF AHLI UNITED BANK TO ‘BBB+’
Ahli United Bank B.S.C (AUB) has announced that on 19th December 2013 Standard & Poor’s, the world’s leading source of credit ratings, raised its long-term counterparty credit rating on the bank from “BBB” to “BBB+” stable.
Fahad Al-Rajaan, Chairman of Ahli United Bank said, “The upgrading of AUB long term credit rating to BBB+ stable reflects the underlying strength of AUB Group and is a strong endorsement for its regional business model which has proven to be resilient and diversified over the years.”
