Bank AlJazira - Ratings Affirmed; LT FCR Outlook Remains Positive

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 Bank AlJazira (BAJ) at 'A-' and 'A2', respectively. The LT FCR Outlook remains Positive. At the same time, CI Ratings has affirmed BAJ's Bank Standalone Rating (BSR) of 'bbb' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of High.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Saudi Arabia, Bank AlJazira)
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