Comment & Analysis
Islamic Finance
Regulation, Risk & Compliance
Uncategorized
Rating boost for Al Baraka Group
Al Baraka Banking Group (ABG) yesterday announced that Standard & Poors (S&P) reaffirmed ABG's investment grade long-term counterparty credit rating of BBB-/A-3 (Short Term) with a Negative Outlook. This rating is according to a new rating methodology just introduced by S&P and applied to all institutions rated by it. S&P…
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Source: Al Baraka Banking Group