News & Credit Rating Announcements
25 September 2019 | Country: Saudi Arabia | Bank: Arab National Bank
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Arab National Bank - LT FCR Affirmed with a Stable Outlook
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) of Arab National Bank (ANB) at 'A' and adjusted the Short-Term Foreign Currency Rating (ST FCR) to 'A1' from 'A2'. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'bbb+', a Core Financial Strength (CFS) rating of 'bbb+' and an Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (Saudi Arabia, Arab National Bank)
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