News & Credit Rating Announcements
21 June 2024 | Country: UAE | Bank: Sharjah Islamic Bank
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Sharjah Islamic 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 Sharjah Islamic Bank (SIB) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed SIB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of High. 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 (UAE, Sharjah Islamic Bank)
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