Amen Bank - Ratings Affirmed; Outlook Revised to Negative

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 Amen Bank (Amen) at 'B' and 'B', respectively. However, the Outlook for the LT FCR has been revised to Negative from Stable. At the same time, CI Ratings has affirmed Amen's Bank Standalone Rating (BSR) at 'b' but revised the BSR Outlook to Negative from Stable. The Bank's Core Financial Strength (CFS) of 'bb-' and Extraordinary Support Level (ESL) of Uncertain have both been affirmed.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Tunisia, Amen Bank)
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