Saudi Investment Bank - 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 Saudi Investment Bank (SAIB) at 'A-' and 'A2', respectively. SAIB's Bank Standalone Rating (BSR) of 'bbb' and Extraordinary Support Level (ESL) of High have also been affirmed. At the time, CI Ratings has raised the Bank's Core Financial Strength Rating (CFS) rating to 'bbb' from 'bbb-'. The Outlook for the LT FCR and BSR remains Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Saudi Arabia, The Saudi Investment Bank)
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