Investbank ’s Rating s Affirmed with a Stable Outlook

Ref: JO009 20 CRA00- 0 1 27 th January 202 2

Investbank ’s Rating s Affirmed with a Stable Outlook

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 Investban k ( IB ) at ‘B+’ and ‘B’, respectively. At the same time, CI Ratings has affir med IB’s Bank Standalone Rating (BSR) of ‘b+’, Core Financial Strength ( CF S ) rating of ‘bb ’, and E xtraordinary S upport L evel (ESL) of Moderate . The Outlook for the LT FCR and BSR is Stable.

The ratings are supported by the Bank’s sound CAR including a high T ier 1 element, comfortable liquidity, and good and improving operating profitability together with solid recovery in net profit and ROAA in 9M 21. Also supporting the ratings is the improved loan asset quality as indicated by the reduction in the NPL ratio and …