News & Credit Rating Announcements
13 January 2022 | Country: Saudi Arabia
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Outlook on Saudi Bank LT FCRs Revised to Stable Following Similar Sovereign Action
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) of eight Saudi Arabian banks to Stable from Negative. This follows the revision of the Outlook on Saudi Arabia's LT FCR of 'A+' to Stable from Negative in December last year.
Attachments
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Rating Announcement (CRA)
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