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ADCB credit rating upgraded to ‘A+’ by S&P driven by a strong financial position and high asset quality
High investment grade ratings support the Bank’s new strategy to sustain accelerated growth and double net profit to AED 20 billlion within five years Abu Dhabi Commercial Bank has achieved an upgrade in its long-term issuer credit rating to ‘A+’ from ‘A’ with a ‘stable’ outlook by S&P Global Ratings…
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Source: Abu Dhabi Commercial Bank