News & Credit Rating Announcements
18 May 2017 | Country: Bahrain | Bank: National Bank of Bahrain B.S.C.
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National Bank of Bahrain’s Ratings Affirmed with a ‘Stable’ Outlook
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed National Bank of Bahrain's (NBB) Long- and Short-Term Foreign Currency Ratings (FCRs) at BB+' and 'B', respectively. These ratings are constrained by CI's Sovereign Ratings for Bahrain ('BB+'/'B'/'Stable'). The Bank's Financial Strength Rating (FSR) of 'BBB+' is also affirmed given the solid capital adequacy, high liquidity and strong customer deposit funding, established business franchise and good profitability metrics.
Attachments
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View Credit Rating Announcement (CRA)
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Bank Rating Report (Bahrain, National Bank of Bahrain B.S.C.)
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