Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2020/08/15/3464 Jordan Commercial Bank’s Ratings Affirmed with a Stable Outlook 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 Jordan Commercial Bank (JCB) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed JCB's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bb-', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable. 13 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3463 Rakbank’s Ratings Affirmed with a Stable Outlook 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 National Bank of Ras Al Khaimah (Rakbank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed Rakbank's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 12 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3462 Al Janoob Islamic Bank – Ratings Assigned 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 Al Janoob Islamic Bank for Investment and Finance (JIB) of 'B-' and 'B', respectively. The Outlook for the LT FCR is Stable. At the same time, CI Ratings has assigned to JIB 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 Uncertain. 11 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3461 Export Development Bank of Iran’s Ratings Affirmed 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 Export Development Bank of Iran (EDBI) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed EDBI's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Negative. 11 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3460 Safwa Islamic Bank − Ratings Assigned Capital Intelligence Ratings (CI Ratings or CI) today announced that it has assigned Safwa Islamic Bank (SIB) a first time Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B+' and 'B', respectively. At the same time, CI Ratings has assigned to SIB a Bank Standalone Rating (BSR) of 'b+', a Core Financial Strength (CFS) rating of 'bb', and an Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable. 11 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3459 Industrial Bank of Kuwait - Ratings Affirmed with a Stable Outlook 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 Industrial Bank of Kuwait (IBK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed IBK's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bbb+'. The Outlook for the LT FCR and BSR is Stable. 06 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3458 Hua Xia Bank - Ratings Affirmed with a Stable Outlook 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 Hua Xia Bank (HXB) at 'BB+' and 'B'. HXB's Bank Standalone Rating (BSR) has also been affirmed at 'bb'. The Outlook for the LT FCR and BSR remains Stable. 06 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3457 Shanghai Pudong Development Bank - Ratings Affirmed with a Stable Outlook 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 Shanghai Pudong Development Bank (SPDB) at 'BBB' and 'A3', respectively. At the same time, CI Ratings has affirmed SPDB's Bank Standalone Rating (BSR) at 'bbb-'. The Outlook for the LT FCR and BSR remains Stable. 05 August 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3456 United Gulf Bank - Ratings Affirmed 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 United Gulf Bank (UGB) at 'BBB' and 'A3', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed UGB's Bank Standalone Rating (BSR) of 'bbb-' with a Stable Outlook. The Extraordinary Support Level of Moderate is maintained. 30 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3455 Turk Ekonomi Bankasi - Ratings Affirmed with a Stable Outlook 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 Türk Ekonomi Bankasi (TEB) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed TEB's Bank Standalone Rating (BSR) at 'b' and Core Financial Strength (CFS) rating at 'bb-'. The Outlook for the LT FCR and BSR is Stable. 29 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3454 Bank of the Philippine Islands - Ratings Affirmed with a Stable Outlook 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 of the Philippine Islands (BPI) at 'BBB' and 'A3', respectively. At the same time, CI Ratings has affirmed BPI's Bank Standalone Rating (BSR) of 'bbb-'. The Outlook for the LT FCR and BSR is Stable. 29 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3453 Riyad Bank - Ratings Affirmed with a Stable Outlook 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 Riyad Bank (RB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed RB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 28 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3452 Kuwait - Sovereign Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) of Kuwait at 'AA-'. The sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) have been affirmed at 'A1+'. The Outlook for the ratings remains Stable. 24 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3451 United Capital Bank - Ratings Affirmed 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 United Capital Bank (UCB) at 'C+' and 'C', respectively. The LT FCR Outlook remains Negative. At the same time, CI Ratings has affirmed the Bank Standalone Rating (BSR) of 'c' with a Negative Outlook. The difference between the LT FCR and BSR reflects differences between the two rating scales ('+' and '-' modifiers are not assigned to 'c' category BSRs) rather than any extraordinary support considerations. CI has also affirmed UCB's LT and ST Ratings on the Sudan National Scale at 'suA-' and 'suA2' with a Negative Outlook. 23 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3450 Attica Bank - Ratings Affirmed with a Stable Outlook 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 Attica Bank (ATB) at 'B-' and 'B', respectively. At the same time, CI Ratings has affirmed ATB's Bank Standalone Rating (BSR) of 'b-' and Core Financial Strength (CFS) rating of 'b-'. The Outlook for the LT FCR and BSR is Stable. 21 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3449 Al Rajhi Banking & Investment Corporation - Ratings Affirmed with a Stable Outlook 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 Al Rajhi Banking and Investment Corporation (ARB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ARB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 21 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3448 Samba Financial Group - Ratings Affirmed with a Stable Outlook 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 Samba Financial Group (Samba) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed Samba's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 21 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3447 Qatar - Sovereign Ratings Affirmed   Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) of Qatar at 'AA-'. The sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) have also been affirmed at 'A1+'. The Outlook for the ratings remains Stable. 17 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3446 First Commercial Bank – LT FCR Raised; Other Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) announced today that it has raised the Long-Term Foreign Currency Rating (LT FCR) of First Commercial Bank (FCB) to 'A-' from 'BBB+'. At the same time, CI Ratings has affirmed FCB's Short-Term Foreign Currency Rating (ST FCR) at 'A2' and the Bank Standalone Rating (BSR) at 'bbb'. The Outlook for the LT FCR and BSR is Stable. 16 July 2020 Capital Intelligence http://www.ciratings.com/news/2020/08/15/3445 Land Bank of Taiwan – Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) announced today that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Land Bank of Taiwan (LBOT) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed LBOT's Bank Standalone Rating (BSR) at 'bbb'. The Outlook for the LT FCR and BSR is Stable. 16 July 2020 Capital Intelligence