Rakbank credit rating

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August undefined, 2024

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Fitch Affirms National Bank of Ras Al-Khaimah at

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Rakbank credit rating

Rakbank’s Ratings Affirmed with a Stable Outlook

Fitch views Rakbank's capital ratios as adequate relative to its risk profile. At end-2024, the bank's common equity Tier 1 regulatory ratio was 17.5% (end-2024: 15.7%) supported by lower RWAs from a contracting loan book and some internal capital generation. Visa mer IDRS, SUPPORT RATING (SR), SUPPORT RATING FLOOR (SRF) AND DEBT Fitch's view of support factors in the sovereign's strong ability to support the banking … Visa mer IDRS, SR, SRF Rakbank's IDRs, SR and SRF are sensitive to a change in Fitch's view of the creditworthiness of the UAE authorities or their propensity to support the … Visa mer International scale credit ratings of Financial Institutions and Covered Bond issuers have a best-case rating upgrade scenario (defined as the 99th percentile of … Visa mer Rakbank's IDRs, SR and SRF reflect a high probability of support available to the bank from the UAE authorities, if needed. Visa mer http://www.ciratings.com/news/2024/08/12/3689

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