Commercial Bank of Iraq – Ratings Assigned

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned a first-time Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) to Commercial Bank of Iraq (CBIQ) of 'B' and 'B', respectively. The LT FCR Outlook is Stable. At the same time, CI Ratings has assigned to CBIQ a Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, a Core Financial Strength (CFS) rating of 'b+', and an Extraordinary Support Level (ESL) of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Iraq, Commercial Bank of Iraq)
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