Invest Bank - Ratings Affirmed; FCR Outlook Revised to Stable from 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) and Short-Term Foreign Currency Rating (ST FCR) of Invest Bank (IB) at 'BBB-' and 'A3', respectively. The Outlook for the LT FCR has been revised to Stable from Negative. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, a Core Financial Strength (CFS) rating of 'b' and an ESL of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (UAE, Invest Bank PSC)
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