CIB Bank - Ratings Affirmed; Outlook Revised to Negative from Stable

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 CIB Bank (CIB) at 'BBB-' and 'A3', respectively. The Outlook for the LT FCR has been revised to Negative from Stable. At the same time, CI Ratings has also assigned to CIB a Bank Standalone Rating (BSR) of 'bb+', also with a Negative outlook, and a CFS rating of 'bb+'.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Hungary, CIB Bank )
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