Abu Dhabi, UAE: 03 April 2024: Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, received an upgrade to its Baseline Credit Assessment (BCA) from Moody's as the ratings agency affirmed ADIB’s credit ratings, indicating continued stability and improvement in the bank's financial health. The upgrade in ADIB's BCA is attributed to the bank's improved profitability, driven by higher margins and diversified revenue streams. ADIB recorded historical high net profits in 2023, with a notable increase in net income to tangible assets. Additionally, the bank's capitalization levels have strengthened ...