UAE
Announcement

31/05/2024

Moody's ratings upgrades Mashreq's long-term deposit ratings to A3, changes outlook to stable.

We are delighted to share that Moody's Ratings has recently upgraded Mashreq's long-term deposit and senior unsecured ratings to A3 from Baa1, with a stable outlook. Moody’s was the last major rating agency to upgrade Mashreq to an A rating, aligning with other agencies who had already recognized our strong performance. This upgrade is a testament to our sustained efforts in enhancing our operational resilience, alongside improvements in our credit fundamentals.
UAE
Announcement

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