Societe Tunisienne de Banques Financial Strength Rating Upgraded

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has upgraded the Financial Strength Rating (FSR) of Société Tunisienne de Banque (STB), based in Tunis, Tunisia.  The FSR is upgraded to 'B+' from 'B'. The upgrade reflects the strengthened capital position, enhanced liquidity, and improved profitability.

Attachments

• View Credit Rating Announcement (CRA)
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• Bank Rating Report (Tunisia, Societe Tunisienne de Banque)
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