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News & Credit Rating Announcements

21 February 2019 | Country: Oman | Bank: Ahli Bank S.A.O.G.

Ahli Bank (Oman) - Ratings Lowered Following Sovereign Rating Action

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has lowered Oman-based Ahli Bank's (AB) Long-Term Foreign Currency Rating (FCR) and Financial Strength Rating (FSR) to 'BBB-' from BBB'. At the same time, the Short-Term FCR was affirmed at 'A3', and the Outlook for the ratings was revised to Stable from Negative. This action follows the recent downgrade of Oman's sovereign rating ('BBB-'/'A3'/Stable).

Attachments

  • Credit Rating Announcement (CRA)
    PDF Download Available


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