Fitch Affirms Mashreqbank’s IDR at ‘A’/stable; upgrades VR to ‘bbb’

Fitch Affirms Mashreqbank’s IDR at ‘A’/stable; upgrades VR to ‘bbb’

Fitch Ratings has affirmed Mashreqbank PSC’s (Mashreq) Long-Term Issuer Default Rating (IDR) at ‘A’ with a Stable Outlook and upgraded its Viability Rating (VR) to ‘bbb’ from ‘bbb-‘.