News & Credit Rating Announcements
06 May 2019 | Country: Qatar | Bank: The Commercial Bank QSC
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Commercial Bank - FCR Affirmed; Outlook Remains Negative
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) of Commercial Bank (Cb) at 'A-'. At the same time, CI Ratings has adjusted the Bank's Short-Term Foreign Currency Rating (ST FCR) to 'A1' from 'A2'. Cb has also been assigned a Bank Standalone Rating (BSR) of 'bbb-', a Core Financial Strength (CFS) rating of 'bb+' and an Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Negative.
Attachments
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Credit Rating Announcement (CRA)
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Bank Rating Report (Qatar, The Commercial Bank QSC )
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