Alizz Islamic Bank - National Rating Revised Following the Recalibration of the Oman National Scale

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has revised the Long- and Short-Term ratings on the Oman National Scale of Alizz Islamic Bank to 'omA+' (from 'omBBB-') and 'omA1' (from 'omA3'). The Outlook on the ratings is 'Stable'. The change in the ratings reflects the recalibration of the National Rating Scale for Oman, as well as the repositioning of entities and issues rated on that scale, following the recent downgrade of Oman's sovereign ratings.

Attachments

• Credit Rating Announcement (CRA)
  PDF Download Available