News & Credit Rating Announcements
14 December 2023 | Country: Egypt | Bank: Arab International Bank
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Arab International Bank - Ratings Affirmed with a Stable Outlook; CFS Lowered
Overview
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 Arab International Bank (AIB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed AIB's Bank Standalone Rating (BSR) of 'b' and Extraordinary Support Level (ESL) of Moderate. The Core Financial Strength (CFS) rating has been lowered to 'bb-' (from 'bb'). The Outlook for the LT FCR and BSR remains Stable.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Egypt, Arab International Bank)
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