CIB Bank’s Foreign Currency Ratings Raised; ‘Stable’ Outlook Maintained

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has raised CIB Bank's (CIB) Long-Term Foreign Currency Rating (FCR) to 'BBB-' from 'BB+'. The Short-Term FCR is also raised to 'A3' from 'B' and the Outlook for the FCR remains 'Stable', indicating that no changes are anticipated within the next twelve months.

Attachments

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