Attijari Bank - Ratings Lowered; Outlook Revised to Negative from Stable

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has downgraded the Long-Term Foreign Currency Rating (LT FCR) of Attijari Bank (AB) to 'B' from 'B+' and affirmed the Short-Term Foreign Currency Rating (ST FCR) at 'B'. The Outlook for the LT FCR has been revised to Negative from Stable. At the same time, CI Ratings has lowered AB's Bank Standalone Rating (BSR) to 'b' from 'b+' and the Core Financial Strength (CFS) rating to 'bb' from 'bb+'. The BSR Outlook has also been revised to Negative from Stable. The Extraordinary Support Level (ESL) of Moderate has been affirmed.

Attachments

• Rating Announcement (CRA)
  PDF Download Available
  
• Bank Rating Report (Tunisia, Attijari Bank)
  Purchase Available - View price list