Credit du Maroc - Ratings Affirmed, with a Stable Outlook

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 Credit du Maroc (CM) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed both the Bank's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bb'. The Outlook for the LT FCR and BSR remains Stable. The Extraordinary Support Level (ESL) has been maintained at Moderate.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Morocco, Credit du Maroc)
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