Alizz Islamic Bank - National Ratings Raised Following Recalibration of Oman National Scale; Outlook Remains Negative

Overview

Capital Intelligence Ratings (CI Ratings or CI) has revised the Long-Term National Rating of Alizz Islamic Bank (Alizz) to 'omAA' (from 'omA-') and the Short-Term rating to 'omA1+' (from 'omA2') following the recalibration of Oman's National Scale. The Outlook on the ratings remains Negative. The change in Alizz's ratings reflects the recalibration of the National Rating Scale for Oman, following the recent downgrade of Oman's sovereign issuer ratings to 'BB'/Negative from 'BB+'/Negative.

Attachments

• Rating Announcement (CRA)
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