The Saudi National Bank - Ratings 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 Saudi National Bank (SNB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed SNB'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)
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• Bank Rating Report (Saudi Arabia, The Saudi National Bank)
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