Alizz Islamic Bank - Outlook Revised to Stable from Negative

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Rating on the Oman National Scale of Alizz Islamic Bank (AIB) to Stable from Negative. This follows CI Ratings' recent revision of the Outlook for Oman's sovereign rating to Stable from Negative. At the same time, CI Ratings has affirmed AIB's Long- and Short-Term Ratings on the same scale at 'omAA' and 'omA1+', respectively. The Bank's Long-Term rating incorporates an uplift for extraordinary support.

Attachments

• Rating Announcement (CRA)
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