http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2025/03/26/4512 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) to 'BBB+', from 'BBB'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) at 'A2'. The Outlook for the ratings has been revised to Stable from Positive following the upgrade. 21 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4511 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 Taiwan Cooperative Bank (TCB or the Bank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed TCB's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR is Stable. 21 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4510 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 First Commercial Bank (FCB or the Bank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed FCB's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 21 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4509 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 Land Bank of Taiwan (LBOT) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed LBOT's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR remains Stable. 21 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4508 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 National Bank of Iraq (NBI or the Bank) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed NBI's Bank Standalone Rating (BSR) of 'b-', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of Moderate. The Outlook for both the LT FCR and BSR is Stable. 13 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4507 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR of Ahli Bank (AB or the Bank) to 'BBB-' and 'A3', respectively, from 'BB+' and 'B'. The Outlook for the LT FCR has been revised to Stable from Positive. At the same time, CI Ratings has affirmed AB's Bank Standalone Rating (BSR) of 'bb+' with a Stable Outlook, the Core Financial Strength (CFS) rating of 'bbb-' and the Extraordinary Support Level (ESL) of Moderate. The Stable Outlook for the LT FCR and BSR indicates that the ratings are likely to remain unchanged over the next 12 months and reflects our expectation that the Bank will maintain a broadly stable business and financial position. 13 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4506 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank Muscat (BM or the Bank) to 'BBB-' and 'A3', respectively, from 'BB+' and 'B'. This upward revision follows the recent upgrade of Oman's sovereign ratings ('BBB-'/'A3'/Positive) earlier this month. The Outlook for the LT FCR remains Positive. At the same time, CI Ratings also raised BM's Bank Standalone Rating (BSR) to 'bbb-' (from 'bb+'), underpinned by a one-notch increase in the Operating Environment Risk Anchor (OPERA) to 'bb+'. The BSR Outlook remains Stable. The Bank's Core Financial Strength (CFS) rating has been affirmed at 'bbb' and the Extraordinary Support Level (ESL) raised to High from Moderate. 13 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4505 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Oman Arab Bank (OAB or the Bank) to 'BBB-' and 'A3', respectively, from 'BB+' and 'B'. The Outlook for the LT FCR has been revised to Stable from Positive. At the same time, CI Ratings has affirmed OAB's Bank Standalone Rating (BSR) of 'bb+' with a Stable Outlook, the Core Financial Strength (CFS) rating of 'bbb-' and the Extraordinary Support Level (ESL) of Moderate. 13 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4504 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term FCR (ST FCR) of National Bank of Oman (NBO or the Bank) to 'BBB-' and 'A3', respectively, from 'BB+' and 'B'. The Outlook for the LT FCR has been revised to Stable from Positive. At the same time, CI Ratings has affirmed NBO's Bank Standalone Rating (BSR) of 'bb+' with a Stable Outlook, the Core Financial Strength (CFS) rating of 'bbb-' and the Extraordinary Support Level (ESL) of Moderate. 13 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4503 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the Issue Rating of 'BBB-' with a Stable Outlook assigned to the KWD30mn senior unsecured bond issued by National Industries Group Holding (NIGH). The rating withdrawal follows repayment of the bond on 11 February 2025. 11 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4502 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Core Financial Strength (CFS) rating of Canara Bank (CB or the Bank) to 'bb' from 'bb-'. At the same time, CI Ratings has affirmed CB's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'BBB-' and 'A3', respectively; the Bank Standalone Rating (BSR) of 'bb'; and the Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable. 07 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4501 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 Union Bank of India (UBI or the Bank) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed UBI's Bank Standalone Rating (BSR) of 'bb', the Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and the BSR remains Stable. 07 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4500 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned to Torunski Fundusz Poreczen Kredytowych Sp. z.o.o (TFPK or the Fund) first-time Long- and Short-Term Ratings on the Poland National Scale of 'plBBB-' and 'plA3', respectively, with a Stable Outlook. 06 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4499 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the issue rating of 'BBB-' assigned to the KWD80mn Senior Unsecured Bond comprising fixed and floating tranches (due in 2028) issued by United Real Estate Company (URC or the Company). The Outlook for the rating is Stable. 06 March 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4498 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded Oman's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) to 'BBB-' from 'BB+'. At the same time, CI Ratings has upgraded the sovereign's Short-Term (ST) FCR and ST LCR to 'A3' from 'B'. The Outlook on the ratings remains Positive. 28 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4497 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 Commercial Bank (CB) at 'A-' and 'A1', respectively. At the same time, CI Ratings has affirmed CB'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 is Stable. 27 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4496 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 Ahlibank Q.P.S.C. (ABQ or the Bank) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ABQ's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 27 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4495 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has downgraded the Long-Term Foreign Currency Rating (LT FCR) of Tadhamon Bank (TB or the Bank) to 'C-' from 'C'. At the same time, CI Ratings has affirmed the Short-Term (ST) FCR at 'C'. The Outlook on the LT FCR has been revised to Stable from Negative. CI has affirmed TB's Bank Standalone Rating (BSR) of 'c', Core Financial Strength (CFS) rating of 'c+' and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the BSR has also been revised to Stable from 'not meaningful'. 27 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4494 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 Sekerbank T.A.S. (SB or the Bank) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed SB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level of (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Stable. 19 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/03/26/4493 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 Turkiye Finans Katilim Bankasi A.S. (TFKB) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed TFKB's Bank Standalone Rating (BSR) of 'b+, Core Financial Strength (CFS) rating of 'b+', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable. 18 February 2025 Capital Intelligence