Sharjah, UAE – Investment Bank S.A. announced.M.(INB) Fitch Ratings has granted it a Long Term Source Rating (IDR) of “BBB+”. With a stable outlook. It also gave it a Government Support Rating (GSR) at “bbb+”. Thus, the bank acquires an investment-grade credit rating to classify the long-term issuer.
This classification represents an important milestone in the investment bank’s ongoing transformation process. It is an independent acknowledgment of the progress made by the bank in strengthening its financial position, re-establishing its business and enhancing its position. To support achieving sustainable growth in the long term.
Adequate capital levels
According to Fitch, the investment bank’s long-term source rating is based on expectations of government support. In addition, the bank enjoys sufficient capital levels, good liquidity coverage, and continuous improvement in its financial performance. The stable outlook also reflects the agency’s expectations that the bank will continue to implement its strategy while maintaining appropriate levels of capital and liquidity. Supports its future growth.
This classification comes in the wake of a transformation program implemented by the bank, which extended over several years with the aim of strengthening its balance sheet, developing governance and risk management frameworks, and improving operational performance. And repositioning to support achieving sustainable growth in the long term.
The bank also returned to profitability in 2025 following a restructuring. He continued to build on this momentum through disciplined implementation of his strategy and a clear focus on his priorities.
Continued improvement in operational performance
Fitch noted continued improvement in the bank’s operational performance. Including growth in net interest income, adequate levels of benefit coverage, and a strong capital base. She highlighted the strength of its liquidity position and expected the accumulated distressed assets from previous periods to continue to decline in the medium term. While continuing to implement the ongoing transformation program.
Fitch acknowledged that the investment bank still operates within a relatively limited domestic market share. He continues his rebuilding process, but praised the progress he has made in enhancing his financial flexibility and implementing his long-term strategy. Reflecting the success of efforts to consolidate the foundations of sustainable growth and enhance the strength of its business.
An investment-grade credit rating contributes to strengthening the bank’s position within the banking sector in the UAE. It is expected to support its interaction with investors, peer institutions and financial markets.
