15.05.2013 21:28:00

Dubai Islamic Bank PJSC -- Moody's confirms the issuer ratings of Dubai Islamic Bank and Tamweel

Limassol, May 15, 2013 -- Moody's Investors Service has today confirmed Dubai Islamic Bank's ('DIB') long-term issuer rating of Baa1 and bank financial strength rating (BFSR) of D-, mapping to a standalone credit assessment of ba3. The long-term rating of DIB's sukuk programme, issued through DIB Sukuk Limited, was also confirmed at (P) Baa1. All long-term ratings now carry a stable outlook. The short-term rating was also confirmed at Prime-2.

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