CIB Bank’s Long-Term Foreign Currency and Financial Strength Ratings Raised; ‘Stable’ Outlook Maintained

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has raised the Financial Strength Rating (FSR) of CIB Bank (CIB) to 'BB+' from 'BB'. The Outlook for the FSR remains 'Stable', following the adjustment. The rating is supported by further improvement in liquidity in 2016, with lower net loan related ratios and a higher capital to total assets ratio.

Attachments

• View Credit Rating Announcement (CRA)
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• Bank Rating Report (Hungary, CIB Bank )
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