Cairo Amman Bank LT FCR Affirmed with Stable Outlook – BSR Outlook Remains Negative

24 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 Cairo Amman Bank (CAB or the Bank) at ‘BB-’ and ‘B’, respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed CAB’s Bank Standalone Rating (BSR) of ‘bb-’, which remains on Negative Outlook, Core Financial Strength (CFS) rating of ‘bb-’, and Extraordinary Support Level (ESL) of Moderate.

The BSR is derived from a CFS rating of ‘bb-’ and an Operating Environment Risk Anchor (OPERA) of ‘bb-’ (indicating moderate risk). The Negative Outlook on the BSR reflects downward pressure on the CFS. Our ESL assessment of Moderate does not result in any uplift for the LT FCR because the BSR is already at Jordan’s sovereign level (‘BB-’/Stable). While CI believes the willingness of the government to provide support remains high, its…