Fitch affirms Bahrain's Ahli United Bank and subsidiaries' IDRs; Downg
 

11-09-13 04:34 PM

Key Rating Drivers - VR The downgrade of AUB's VR to 'bbb' from 'bbb-' reflects heightened risk in Egypt, where the bank has a subsidiary with sizeable assets relative to AUB's consolidated core capital ... loans at end-H113 and loan loss reserve coverage ...

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