Fitch Assigns Investment Grade BBB+ Rating to Zand with Stable Outlook

Chan highlighted Zand’s role in supporting virtual asset service providers and fintech companies in the UAE, emphasizing the group’s commitment to empowering clients amid the ongoing digital transformation.

He described the Fitch rating as a strong validation of Zand’s strategic direction, the strength of its team and shareholders, and the UAE’s favorable regulatory framework.

This new development sheds light on Zand’s growing influence in the region’s evolving financial landscape and signals confidence from global credit rating agencies in its sustainable growth prospects.