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AUB bags KD 20 5m net profit for 1st half of 23 - ARAB TIMES

KUWAIT CITY, July 23: Ahli United Bank (AUB) announced its results for the first six months of year ended June 30, 2023, achieving a net profit of KD 20.5 Million compared to KD 20.2 Million of net profits recorded for the same period last year, with an increase of 1%. The Bank also recorded total

Anwar al mudafAl mudhafAnwar ali al mudhafSaud al humaidhiBoard of directors ahli united bankFitch ratingsRemittance serviceInternational organization for standardizationCentral bankAhli united bankInternational credit rating agencyBoard member of ahli united bankBank credit ratingsFinancing receivablesJehad saud al humaidhiChief executive officer

Fitch publishes corrected version of UBA Rating, affirms group at B- , outlook stable

Fitch publishes corrected version of UBA Rating, affirms group at B- , outlook stable
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Plc longNational longUnited bankFitch ratingsCentral bankLong term issuer default ratingNational long term ratingDefault ratingsViability ratingLong term ratingCore capitalGovernment support rating

Nigeria s Jaiz Bank gets B- ; Outlook Stable

Fitch Ratings has affirmed Jaiz Bank PLC's (Jaiz Bank) Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook and its Viability Rating (VR) at 'b-'. Fitch has also affirmed the bank's National Long-Term Rating at 'BBB+(nga)' and assigned a Stable Outlook. Key Rating Drivers Jaiz Bank's IDRs are driven by its standalone creditworthiness, |

Jaiz bank longJaiz bankJaiz bank national longFitch ratingsJaiz bank idrsNational ratingsNational longCentral bankNigeria foremost islamic bankLong term issuer default ratingStable outlookViability ratingNational long term ratingRecently elected president tinubuForemost islamic bankSovereign exposure

Fitch Places Nigeria s FCMB on Negative Ratings Over Naira Devaluation

Fitch Ratings has placed First City Monument Bank Limited's (FCMB) Long- and Short-Term Issuer Default Ratings (IDRs), Viability Rating (VR) and National Ratings on Rating Watch Negative (RWN) following the sharp devaluation of the Nigerian naira. Fitch has simultaneously affirmed seven other Nigerian banks' and three bank holding companies' (BHCs) ratings, all with Stable Outlooks. |

First city monument bank limitedFitch ratingsNational ratings on rating watch negativeGuaranty trust holding company plcCentral bankNational ratingIdrs or national ratingsAfrica plcHoldings plcFirst bankAccess bank plcNational longGuaranty trust bank limitedUnited bankZenith bank plcZenith bank

RPT: Fitch Affirms UBA Group Rating at B- ; Outlook Stable

This rating action commentary replaces the version published on 6th June 2023 to correct the capitalisation and leverage score. Fitch Ratings has affirmed United Bank for Africa (UBA) Plc's Long-Term Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. Fitch has also affirmed the bank's National Long-Term Rating at 'A+(nga)' and assigned a Stable |

Fitch ratingsPlc longUnited bankNational longCentral bankNational ratingsLong term issuer default ratingNational long term ratingDefault ratingsViability ratingLong term ratingOperating environmentPan african franchiseSovereign exposureCore capitalImproving profitability