29 June 2026
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank ABC Jordan (Bank ABC or the Bank) at ‘BB-’ and ‘B’, respectively. At the same time, CI Ratings has affirmed Bank ABC’s Bank Standalone Rating (BSR) of ‘bb-’, Core Financial Strength (CFS) rating of ‘bb’ and Extraordinary Support Level (ESL) of High. The Outlook on the ratings remains Stable.
The BSR is derived from a CFS rating of ‘bb’ and an Operating Environment Risk Anchor (OPERA) of ‘bb-’ (indicating moderate risk). Our ESL assessment of High does not result in any uplift for the LT FCR because the BSR is already at Jordan’s sovereign level (‘BB-’/Stable). The Bank also does not fulfil our criteria for being rated above Jordan’s ratings. Nevertheless, the likelihood of extraordinary support in the event of need is deemed to be high in view…