The stable outlook reflects our expectation that, over the next 12-24 months, FAB's management will contain potential risks associated with its lending book and continue to support strong capitalization, bolstering its ability to absorb losses. A negative rating action on FAB over the next 12-24 months is remote because it would require a three-notch deterioration of the bank's intrinsic creditworthiness, which assumes a simultaneous and significant weakening of asset-quality indicators, capitalization, and profitability. Pressure on the bank's intrinsic creditworthiness could emerge, however, if we observe a significant increase in the bank's risk appetite. We could also lower the rating in the unlikely scenario that we were to downgrade Abu Dhabi (AA/Stable/A-1+) or if we viewed the support of the Abu
