News & Credit Rating Announcements
11 September 2019 | Country: Bahrain | Bank: Al Baraka Islamic Bank B.S.C.
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Al Baraka Islamic Bank - FCR Lowered; Negative Outlook Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has downgraded the Long-Term Foreign Currency Rating (LT FCR) of Al Baraka Islamic Bank (AIB) to 'B+' from 'BB' and at the same time affirmed the Short-Term Foreign Currency Rating (ST FCR) at 'B'.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (Bahrain, Al Baraka Islamic Bank B.S.C.)
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