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News & Credit Rating Announcements
01 June 2017 | Country: Jordan | Bank: Jordan Islamic Bank
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Outlook for Jordan Islamic Bank's Ratings Revised to Negative Following Sovereign Rating Action
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (FCR) and Financial Strength Rating (FSR) of Jordan Islamic Bank Plc (JIB) to 'Negative' from 'Stable'. This rating action follows the recent 'Negative' Outlook assigned to Jordan's Sovereign Ratings on May 26, 2017.
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Credit Rating Announcement (CRA)
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