May 24th, 2026 - 04:23 GMT
Bank ABC (Arab Banking Corporation B.S.C.) is extremely pleased to announce that Standard & Poor’s Global Ratings (S&P) has affirmed its ‘BBB-/A3’ long and short-term issuer credit ratings with Stable Outlook.’ S&P has announced the rating and outlook affirmation, citing the Bank's broad geographical diversification and performance track record in wholesale banking. It has also recognised the bank’s strong capitalisation, good asset quality and expected stable profitability. Importantly, S&P’s capital and earnings assessment on its rating evaluation framework, remains “Strong”. This reflects the Group’s maintenance of robust capital ratios while ...