Commercial Islamic Bank of Iraq – Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Commercial Islamic Bank of Iraq's (CIBIQ) − formerly the Commercial Bank of Iraq − Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B' and 'B', respectively. The LT FCR Outlook is Stable. CI Ratings has also affirmed CIBIQ's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, the Core Financial Strength (CFS) rating of 'bb-', and the Extraordinary Support Level (ESL) of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Iraq, Commercial Islamic Bank of Iraq)
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