Australian Exchange Archives

AM Best assigns stable outlook to Kuwait Insurance Company

February 6, 2020

LONDON: Insurance sector rating agency AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-”…

Commercial Bank of Dubai posts 20.5% growth in net profit

February 6, 2020

DUBAI: The Commercial Bank of Dubai (CBD) has reported 20.5% increase in net profit to AED 1.4 billion for the 2019 full year. The…

GPE signs £450 million ESG-linked revolving credit facility

February 6, 2020

LONDON: Great Portland Estates (GPE) signed a £450 million ESG-linked unsecured revolving credit facility (RCF) at a headline margin of 90 basis points over…

RusHydro signs loan agreement with VTB Bank

February 4, 2020

MOSCOW: RusHydro has announced signing of loan agreement with VTB Bank regarding revolving loan facility for 15 years with limit of up to RUB…

Mashreq posts net profit AED 2.1 billion for 2019

February 4, 2020

DUBAI, UAE: Mashreq Bank, one of the leading financial institutions in the UAE, has reported AED 2.1 billion net profit for the year ending…

Oman Insurance posts net profit of AED 190.5 million for 2019

February 4, 2020

DUBAI: Oman Insurance Company has reported a turnaround net profit of AED 190.5 million for the year ended December 31, 2019, making it one…

Drake & Scull International announces completion of key projects in Kuwait

February 4, 2020

DUBAI, UAE: Drake & Scull International (DSI), a regional market leader of integrated design, engineering and construction projects, has announced that its Kuwaiti subsidiary,…

ANZ completes sale of OnePath P&I to IOOF Holdings

February 3, 2020

SYDNEY: Australia and New Zealand Banking Group (ANZ) announced it had successfully completed the sale of its OnePath Pensions & Investments (OnePath P&I) business…

AM Best affirms credit ratings of Swiss Re’s subsidiary Elips Life Insurance Company

February 1, 2020

OLDWICK: Global rating agency, AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR)…

AM Best upgrades credit ratings of iptiQ Life S.A

February 1, 2020

LONDON: Insurance sector rating agency AM Best has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer…

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Category: Australian Exchange

AM Best assigns stable outlook to Kuwait Insurance Company

Commercial Bank of Dubai posts 20.5% growth in net profit

GPE signs £450 million ESG-linked revolving credit facility

RusHydro signs loan agreement with VTB Bank

Mashreq posts net profit AED 2.1 billion for 2019

Oman Insurance posts net profit of AED 190.5 million for 2019

Drake & Scull International announces completion of key projects in Kuwait

ANZ completes sale of OnePath P&I to IOOF Holdings

AM Best affirms credit ratings of Swiss Re’s subsidiary Elips Life Insurance Company

AM Best upgrades credit ratings of iptiQ Life S.A