18.02.2015 11:21:00
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Abu Dhabi Commercial Bank -- Moody's affirms Abu Dhabi Commercial Bank's A1 deposit ratings; raises BCA to baa3 from ba1
London, 18 February 2015 -- Moody's Investors Service has today affirmed Abu Dhabi Commercial Bank's (ADCB) A1 deposit and senior unsecured ratings and raised the standalone baseline credit assessment (BCA) to baa3 from ba1. At the same time, Moody's upgraded the subordinated debt rating from Baa2 to Baa1. All long-term outlooks remain stable.