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Ref: JO01219CRA00-01 22 December 2020

Ref: JO012 19 CRA00- 0 1 22 December 2020

Jordan Ahli Bank ’s Rating s Affirmed

Capital Intelligence Ratings (CI Ratings or CI ) today announced that it has affirmed the Long-T erm Foreign Currency Rating (LT FCR) and Short-T erm Foreign Currency Rating (ST FCR ) of Jordan Ahli Bank ( JAB ) at ‘B+’ and ‘B’, respectively. At the same time, CI Ratings has affirmed JAB’s Bank Standalone Rating ( BSR ) of ‘b+’, Core Financial Strength ( CF S ) rating of ‘bb- ’, an d Extraordinary S upport L evel (ESL) of Moderate . The O utlook for the LT FCR and BSR remains Stable.

The Bank’s BSR is based on a CFS rating of ‘b b- ’ and an Operating Environment Risk Anchor (OPERA) of ‘b +’. OPERA takes into account both current and projected economic and financial conditions in Jordan , as well as the strengths and w e aknesses of the banking sector. Our ESL assessment does not result in any…