The BSE index addded 0.37 points to finish at 1,451.35. Shares of Ahli United Bank closed in line with the market flat at $0.75. Standard & Poor's Ratings Services said today that it has assigned its 'A-/A-2' long- and short-term senior unsecured debt ratings to the $2.0 billion Euro Medium-Term Note program recently renewed by Ahli United Bank B.S.C. (AUB; A-/Stable/A-2). "The ratings on the program are equalized with the counterparty credit rating on AUB, reflecting our view that the notes will rank pari-passu with AUB's other senior unsecured debt", S&P said. With total assets of $25.1 billion on June 30, 2010, AUB is among the 20 largest banking groups in the Gulf.
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