Saman Bank – Ratings Withdrawn

29 October 2026

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the credit ratings of Saman Bank (SB). At the same time, CI Ratings has decided to discontinue analytical coverage of all entities in Iran for business reasons.

The decision to withdraw the ratings of Saman Bank is based on commercial considerations and is not related to a reassessment of the Bank’s creditworthiness.

Prior to the last rating action in March 2026, the Bank’s Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) were both ‘B’, while the Bank Standalone Rating (BSR) was ‘b’, the Core Financial Strength (CFS) rating ‘b+’ and the Extraordinary Support Level (ESL) Uncertain.

In March 2026, the ratings were lowered reflecting heightened risks associated with developments in Iran, and simultaneously suspended due to challenges in obtaining sufficient, timely and reliable information to support their continued…