News & Credit Rating Announcements
24 December 2019 | Country: Jordan | Bank: Arab Bank plc
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Arab Bank Plc’s Ratings 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) and Short-Term Foreign Currency Rating (ST FCR) of Arab Bank Plc (AB) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed AB's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable.
Attachments
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View Credit Rating Announcement (CRA)
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Bank Rating Report (Jordan, Arab Bank plc)
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