JO012 20 CRA00- 0 1 22 December 202 1
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 ‘bb-’ 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 weaknesses of the banking sector. Our ESL assessment does not result in any uplift for…