News & Credit Rating Announcements
22 October 2019 | Country: Egypt | Bank: Commercial International Bank
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Commercial International Bank - Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Commercial International Bank (CIB) at 'B+' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has assigned to CIB a Bank Standalone Rating (BSR) of 'b+' with a Stable Outlook, a Core Financial Strength (CFS) rating of 'bbb-' and an Extraordinary Support Level (ESL) of Moderate.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Egypt, Commercial International Bank)
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