Commercial International Bank - Ratings and Outlook Affirmed

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 Commercial International Bank (CIB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed CIB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Negative.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Egypt, Commercial International Bank)
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