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CI Seminars

CI Seminars

News & Credit Rating Announcements

28 May 2019 | Country: Iran | Bank: Export Development Bank of Iran

Export Development Bank of Iran - Ratings Lowered Following Sovereign Rating Action; Outlook Revised to Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has lowered the Long-Term Foreign Currency Rating (LT FCR) of Export Development Bank of Iran (EDBI) to 'B' from 'B+', and revised the Outlook on the rating to Stable from Negative. At the same time CI Ratings has affirmed the Bank's Short-Term Foreign Currency Rating (ST FCR) at 'B'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'b' – also with a Stable Outlook – as well as a Core Financial Strength (CFS) rating of 'b' and an Extraordinary Support Level (ESL) of Moderate.

Attachments

  • Credit Rating Announcement (CRA)
    PDF Download Available


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