QNB ALAHLI – Ratings and Negative Outlook 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 QNB ALAHLI S.A.E. (QNB AA) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed the Bank's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Negative.

Attachments

• Credit Rating Announcement (CRA)
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• Bank Rating Report (Egypt, QNB Alahli S.A.E.)
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