Bank AlJazira - 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 Bank AlJazira (BAJ) at 'A-' and 'A2', respectively. The LT FCR Outlook is Negative, mirroring the outlook for Saudi Arabia's sovereign ratings.  At the same time, CI Ratings has affirmed BAJ's Bank Standalone Rating (BSR) of 'bbb' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Saudi Arabia, Bank AlJazira)
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