Credit Rating
| Rating Summary | ||
|---|---|---|
| Moody's | Capital Intelligence | |
| Long Term | Baa2 | A- |
| Short Term | Prime - 2 | A2 |
| Outlook | Stable | Stable |
| Moody's Report | Capital Intelligence Report | |
Rating Reports
Moody's
Moody's Investors Service ("Moody's") has assigned first-time local and foreign currency long-term and short-term bank deposit ratings of Baa2/Prime-2 to National Bank of Umm Al-Qaiwain . The outlook assigned to the long-term deposit ratings is stable. At the same time, the rating agency has assigned a Baseline Credit Assessment (BCA) and Adjusted BCA of ba2
NBQ's ba2 BCA captures the bank's sound core profitability, reflective of its corporate franchise, and its strong capital and liquidity buffers. NBQ's Baa2 deposit ratings incorporate a three-notch uplift from its ba2 BCA.
Capital Intelligence
Capital Intelligence Ratings has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of National Bank of Umm Al Qaiwain at ‘A-’ and ‘A2’, respectively. The Outlook for the ratings remains Stable.
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Salary Wage Protection System (WPS)
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Labor Guarantee Service
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