Investbank’s Ratings Affirmed with a Stable Outlook

Investbank’s Ratings 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 Investbank ( 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 Bank’s BSR is derived from a CFS rating of ‘bb’ and an Operating Environment Risk A nchor ( OPERA ) of ‘b+’. OPERA takes into account both current and projected economic and financial conditions in Jordan, as well as the strengths and weaknesses of the banking sector. The rating s are supported by the Bank’s very…