BLOM Bank - Ratings Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed both the Long-Term Foreign Currency Rating (LT FCR) and Short Term Foreign Currency Rating (ST FCR) of BLOM Bank (BLOM) at 'B'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'b', a Core Financial Strength (CFS) rating of 'bb', and an Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Negative, in line with Lebanon's sovereign ratings ('B'/'B'/Negative).

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Lebanon, BLOM Bank SAL)
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