News & Credit Rating Announcements
14 November 2023 | Country: Iran | Bank: Saman Bank
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Saman Bank – Ratings Upgraded
Overview
Capital Intelligence Ratings (CI Ratings or CI) has upgraded the Long-Term Foreign Currency Rating (LT FCR) of Saman Bank (SB) to 'B' from to 'B-'. Similarly, CI Ratings has upgraded the Bank Standalone Rating (BSR) to 'b' from 'b-' and the Core Financial Strength (CFS) rating to 'b+' from 'b'. At the same time, SB's Short-Term Foreign Currency Rating (ST FCR) of 'B' and Extraordinary Support Level (ESL) of Uncertain have been affirmed. The Outlook on the LT FCR and BSR has been revised to Stable from Positive.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Iran, Saman Bank)
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