Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2025/02/22/4494 Sekerbank – Ratings Affirmed 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/2025/02/22/4493 Turkiye Finans Katilim Bankasi – Ratings Affirmed 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 http://www.ciratings.com/news/2025/02/22/4492 Egypt – Ratings Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Egypt's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) at 'B'. At the same time, CI Ratings has affirmed the sovereign's Short-Term (ST) FCR and ST LCR at 'B'. The Outlook on the ratings remains Stable. 14 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4491 HDFC Bank – Ratings Affirmed 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 HDFC Bank Ltd. at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed HDFC Bank's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'a-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is affirmed at Positive and Stable, respectively. 14 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4490 National Bank of Egypt – Ratings Affirmed 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 National Bank of Egypt (NBE or the Bank) at 'B'. At the same time, CI Ratings has affirmed NBE's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable. 12 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4489 Kuveyt Turk Katilim Bankasi – Ratings Affirmed 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 Kuveyt Turk Katilim Bankasi A.S. (KTKB) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed KTKB's Bank Standalone Rating (BSR) of 'b+', the Core Financial Strength (CFS) rating of 'bb-' and the Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 12 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4488 Turk Eximbank – Ratings Affirmed 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 Ihracat Kredi Bankasi A.S. (Turk Eximbank or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed Turk Eximbank's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable. 11 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4487 Commercial Islamic Bank of Iraq – Ratings Affirmed 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. 05 February 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4486 Kuwait Sovereign Ratings Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Kuwait's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) at 'A+'. At the same time, CI Ratings has affirmed the sovereign's Short-Term (ST) FCR and ST LCR at 'A1'. The Outlook on the ratings remains Stable. 31 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4485 Ratings Assigned to Malopolski Regionalny Fundusz Poreczeniowy Capital Intelligence Ratings (CI Ratings or CI) has assigned to Malopolski Regionalny Fundusz Poreczeniowy Sp. z.o.o. (MRFP or the Fund) first time Long- and Short-Term Ratings on the Poland National Scale of 'plBBB-' and 'plA3', respectively, with a Stable Outlook. 31 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4484 Ratings Assigned to Dolnoslaski Fundusz Gospodarczy Capital Intelligence Ratings (CI Ratings or CI) has assigned to Dolnoslaski Fundusz Gospodarczy Sp. z.o.o. (DFG or the Fund) first time Long- and Short-Term Ratings on the Poland National Scale of 'plA+' and 'plA1', respectively, with a Stable Outlook. 31 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4483 Ratings Assigned to Samorzadowy Fundusz Poreczen Kredytowych Capital Intelligence Ratings (CI Ratings or CI) has assigned to Samorzadowy Fundusz Poreczen Kredytowych Sp. z o.o. (SFPK or the Fund) first time Long- and Short-Term Ratings on the Poland National Scale of 'plA+' and 'plA1', respectively, with a Stable Outlook. 31 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4482 Axis Bank – Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Axis Bank's (ABL) Long-Term Foreign Currency Rating (LT FCR) at 'BBB-' and the Short-Term Foreign Currency Rating (ST FCR) at 'A3'. At the same time, CI Ratings has affirmed the Bank'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 is affirmed as Positive and Stable, respectively. 31 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4481 Al-Taif Islamic Bank – Ratings Affirmed with a Stable Outlook 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 Al-Taif Islamic Bank (TIB or the Bank) at 'B-' and 'B', respectively. The LT FCR Outlook is Stable. CI Ratings has also affirmed TIB's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'b', and Extraordinary Support Level (ESL) of Uncertain. At the same time, CI has affirmed the Bank's Long- and Short-Term Ratings on the Iraq National Scale of 'iqBBB-' and 'iqA3', respectively, with a Stable Outlook. These are supported and constrained by the same factors as the CFS, as outlined below. 30 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4480 Ratings Assigned to Pomorski Regionalny Fundusz Poreczen Kredytowych Capital Intelligence Ratings (CI Ratings or CI) has assigned to Pomorski Regionalny Fundusz Poreczen Kredytowych Sp. z o.o. (PRFPK or the Fund) first-time Long- and Short-Term Ratings on the Poland National Scale of 'plA-' and 'plA2', respectively, with a Stable Outlook. 30 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4479 Ratings Assigned to Fundusz Pomerania Capital Intelligence Ratings (CI Ratings or CI) has assigned to Fundusz Pomerania Sp. z o.o. (Pomerania or the Fund) first-time Long- and Short-Term Ratings on the Poland National Scale of 'plA+' and 'plA1', respectively, with a Stable Outlook. 30 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4478 Ratings Assigned to Swietokrzyski Fundusz Poreczeniowy Capital Intelligence Ratings (CI Ratings or CI) has assigned to Swietokrzyski Fundusz Poreczeniowy Sp. z o.o. (SFP or the Fund) first time Long- and Short-Term Ratings on the Poland National Scale of 'plA-' and 'plA2', respectively, with a Stable Outlook. 30 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4477 Al Mustashar Islamic Bank – Ratings Suspended Capital Intelligence Ratings (CI Ratings or CI) today announced that it has suspended the credit ratings of Al Mustashar Islamic Bank (MIB) due to the lack of up-to-date financial data. At the time of suspension, the Bank's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) were 'B-' and 'B', respectively. The LT FCR Outlook was Stable. MIB's Bank Standalone Rating (BSR) was 'b-' with a Stable Outlook, and the Core Financial Strength (CFS) rating was 'b+'. The Extraordinary Support Level (ESL) was Uncertain. 29 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4476 Ratings of Saudi Banks Updated After Sovereign Action Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Long-Term Foreign Currency Ratings (LT FCRs) of six Saudi Arabian banks and the Short-Term Foreign Currency Ratings (ST FCRs) of three. At the same time, the LT and ST FCRs of another two Saudi banks were affirmed at their current levels. The Bank Standalone Rating (BSRs) and Core Financial Strength (CFS) ratings of all eight banks were affirmed at their current levels, with each bank continuing to display solid financial fundamentals. 23 January 2025 Capital Intelligence http://www.ciratings.com/news/2025/02/22/4475 Qatar – Sovereign Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) of Qatar at 'AA'. The sovereign's Short-Term (ST) FCR and ST LCR have been affirmed at 'A1+'. The Outlook for the ratings remains Stable. 17 January 2025 Capital Intelligence