Al Rajhi Banking and Investment Corporation - Ratings Affirmed

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 Al Rajhi Banking and Investment Corporation (ARB) at 'A+' and 'A1', respectively. The Outlook for the LT FCR is Negative, reflecting a similar outlook on the sovereign. At the same time, CI Ratings has affirmed ARB's BSR of 'a-', with a Stable Outlook, Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Saudi Arabia, Al Rajhi Banking and Investment Corporation)
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