CIB Bank – Ratings and Outlook Affirmed

23 September 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 CIB Bank (CIB or the Bank) to ‘BBB-’ and ‘A3, respectively. At the same time, CI has affirmed both CIB’s Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at ‘bb+’, and affirmed the ESL of Moderate. The Outlook on the LT FCR and BSR remains Stable.

The Bank’s LT FCR is set one notch above the BSR to account for the moderate likelihood of extraordinary support from Intesa Sanpaolo (ISP), Italy’s largest bank, if needed. This reflects ISP’s long-term commitment and supportive stance, as evidenced by significant and repeated capital injections during the Bank’s loss-making years (2010-16). ISP’s positive financial and non-financial contribution to CIB remains a key rating factor. CIB is the smallest of Hungary’s seven domestic…