News & Credit Rating Announcements
15 December 2022 | Country: Jordan | Bank: Cairo Amman Bank
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Cairo Amman Bank - LT FCR Outlook Revised to Positive Following Sovereign Rating Action; Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Long-Term Foreign Currency Rating (LT FCR) Outlook of Cairo Amman Bank (CAB) to Positive from Stable. At the same time, the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) have been affirmed at 'B+' and 'B', respectively. CAB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating have also been affirmed at 'b+' and 'bb', respectively. The BSR Outlook remains Stable.
Attachments
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Rating Announcement (CRA)
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Bank Rating Report (Jordan, Cairo Amman Bank)
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