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CI Seminars

CI Seminars

News & Credit Rating Announcements

16 May 2024 | Country: Saudi Arabia | Bank: Al Rajhi Banking and Investment Corporation

Al Rajhi Banking and Investment Corporation – Ratings and Positive 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 Al Rajhi Banking and Investment Corporation (ARB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ARB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR remains Positive. The BSR remains on a Stable Outlook.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available
  • Bank Rating Report (Saudi Arabia, Al Rajhi Banking and Investment Corporation)
    Purchase Available - View price list


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