Bank Muscat - Bank Standalone Rating Revised

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has revised the Bank Standalone Rating (BSR) of Bank Muscat to 'bbb-' from 'bb+'. At the same time, CI Ratings has affirmed the Bank's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'BBB-' and 'A3', respectively, as well as its Core Financial Strength (CFS) rating of 'bbb'. The Outlook for all ratings remains Stable.

Attachments

• Credit Rating Announcement (CRA)
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• (Oman, Bank Muscat SAOG)
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