Page 313 - MOE ENGLISH PR REPORT - FEBRUARY 2024
P. 313
3/4/24, 4:33 PM PRESSR: Fitch reaffirms ECI’s ratings at 'AA-' with a stable outlook for the sixth consecutive year — TradingView News
PRESSR: Fitch reaffirms
ECI’s ratings at 'AA-' with a
stable outlook for the sixth
consecutive year
Feb 27, 202410:37 GMT+4
Dubai, United Arab Emirates: The United Arab Emirates’ federal
export credit company, Etihad Credit Insurance PJSC (ECI), proudly
announces 6 years of sustained AA- Fitch Ratings. Fitch Ratings has
reconfirmed ECI’s Insurer Financial Strength (IFS) rating and Long-
Term Issuer Default Rating (IDR) at ‘AA-’ (very strong) with Stable
Outlooks. This prestigious recognition, from 2019 to date, highlights
ECI’s unwavering dedication to support UAE’s economic
diversification and boosting the international competitiveness of
UAE-based businesses.
His Excellency Abdulla Bin Touq Al Marri, Minister of Economy and
Chairman of the Board of Directors of Etihad Credit Insurance said:
"The positive rating from Fitch reaffirms the UAE's efforts in
diversifying the national economy and enhancing its competitiveness
regionally and globally. It also reflects the confidence of
international institutions, global rating agencies, and business
communities in the UAE as a leading economic destination."
https://www.tradingview.com/news/reuters.com,2024-02-27:newsml_Zaw2ZTslf:0-pressr-fitch-reaffirms-eci-s-ratings-at-aa-with-a-stable-outlook-for-th… 1/4