Fitch affirms Abu Dhabi Commercial Bank

Fitch Ratings said it affirmed Abu Dhabi Commercial Bank's support rating at 1.

The rating reflects the extremely high probability of support, should it ever be required, from the U.A.E. authorities and the Abu Dhabi government, reflecting the bank's majority ownership by the government of Abu Dhabi through the Abu Dhabi Investment Council, and that the bank has one of the largest domestic franchises, Fitch said.

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