News & Credit Rating Announcements
09 July 2020 | Country: Saudi Arabia | Bank: The National Commercial Bank
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The National Commercial Bank – Ratings Affirmed with a Stable Outlook
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of The National Commercial Bank (NCB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed NCB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Saudi Arabia, The National Commercial Bank)
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