Fitch Affirms Emirates NBD at ‘A+’/Stable; Upgrades VR to ‘bbb-‘

Fitch Ratings has affirmed Emirates NBD Bank PJSC’s (ENBD) Long-Term Issuer Default Rating (IDR) at ‘A+’ with a Stable Outlook and its Short-Term IDR at ‘F1’. Fitch has also upgraded ENBD’s Viability Rating (VR) to ‘bbb-‘ from ‘bb+’. A full list of rating actions is below.