National Bank of Iraq – 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 National Bank of Iraq (NBI) at 'B' and 'B', respectively. At the same time, CI Ratings has assigned to NBI a Bank Standalone Rating (BSR) of 'b-', a Core Financial Strength (CFS) rating of 'bb', and an Extraordinary Support Level (ESL) of Moderate. The Outlook for both the LT FCR and BSR is Stable, indicating that the ratings are unlikely to change over the next 12 months.

Attachments

• Rating Announcement (CRA)
  PDF Download Available
  
• Bank Rating Report (Iraq, National Bank of Iraq)
  Purchase Available - View price list