Tuesday 20 April 2021
 
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S&P rating

S&P affirms outstanding rating for Tawuniya

Standard & Poor's (S & P), a global credit rating agency, has affirmed its outstanding rating for the cooperative insurance company Tawuniya, granting it an "A-" rating with a "stable" outlook, the highest rating

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StanChart hit with first S&P downgrade in 20 years

Ratings agency Standard & Poor's (S&P) cut its credit rating on Standard Chartered for the first time in 20 years on Friday, citing the "tough period" the Asia-focused bank was going through and its weaker credit-worthiness

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Capital boost for BMI Bank

Bahrain-based BMI Bank has a 22.3 per cent capital adequacy rate, one of the highest levels in the region, chief executive officer Andrew Bainbridge said. He was speaking after ratings agency Standard & Poors (S&P) revised its outl

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S&P upgrades Arab Orient to stable ‘A’

Standard & Poor’s (S&P) ratings services has upgraded Arab Orient Insurance Company (AOIC) to ‘A’ with a stable outlook removing the CreditWatch, which indicates the credit quality of a firm's debt. AOIC had been placed S&P

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Taqa global notes get S&P ratings

Standard & Poor's Ratings Services has assigned its 'AA-' long-term debt rating to two senior unsecured issuances under Abu Dhabi National Energy Company's (Taqa) global medium-term note program. The note issues comprise a five-year $1

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