Iraqi Islamic Bank for Investment and Development – 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 the Iraqi Islamic Bank for Investment and Development (IIB or the Bank) at 'B-' and 'B', respectively. CI Ratings has also affirmed IIB's Bank Standalone Rating (BSR) of 'b-', Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of Uncertain. The Outlook on the LT FCR and BSR is Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Iraq, Iraqi Islamic Bank for Investment & Development)
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