Jordan Ahli 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 Jordan Ahli Bank (JAB) 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. JAB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) have also been affirmed at 'b+' and 'bb-', respectively. The Outlook on the BSR remains Stable.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Jordan, Jordan Ahli Bank )
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