Ahli Bank ( Oman ) – Positive Outlook for LT FCR Affirmed

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Ref: OM01723CRA00-01 05 December 2024

Ref: OM017 2 3 CRA 00- 0 1 5 December 202 4

Ahli Bank ( Oman ) – Positive Outlook for LT FCR Affirmed

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the L ong- T erm F oreign C urrency R ating (LT FCR) and S hort-Term Foreign Currency Rating (ST FCR ) of Ahli Bank (AB) in Oman at ‘BB + ’ and ‘B’, respectively. At the same time, CI Ratings has affirmed AB’s Bank Standalone Rating (BSR) of ‘bb + ’ , Core Financial Strength (CFS) rating of ‘bbb-’ , and Extraordinary Support Level (ESL) of Moderate . The Outlook for the LT FCR and BSR remains Positive and Stable , respectively.

The Bank’s BSR is derived from a CFS rating of ‘bbb-’ and an Opera Environment Risk Anchor ( OPERA ) of ‘bb’ . The latter is a constraining factor for the ratings of all Omani banks. The CFS reflects prudent risk management framework…