Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2019/09/17/3231 Cyprus - Sovereign Ratings Affirmed with a Positive Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) at 'BB+' and its Short-Term Foreign Currency Rating (ST FCR) at 'B'. The LT FCR Outlook remains Positive. 13 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3230 Bank AlJazira’s LT FCR Raised; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has raised the Long-Term Foreign Currency  Rating (LT FCR) of Bank AlJazira (BAJ) to 'A-' from 'BBB+', and affirmed its Short-Term Foreign Currency  Rating (ST FCR) at 'A2'. At the same time, CI Ratings has also assigned to the Bank a Bank Standalone Rating (BSR) of 'bbb', a Core Financial Strength (CFS) rating of 'bbb-' and an Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable. 12 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3229 Al Baraka Islamic Bank - FCR Lowered; Negative Outlook Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has downgraded the Long-Term Foreign Currency Rating (LT FCR) of Al Baraka Islamic Bank (AIB) to 'B+' from 'BB' and at the same time affirmed the Short-Term  Foreign Currency Rating (ST FCR) at 'B'. 11 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3228 Bank of China - Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, 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 China (BOC) at 'A' and 'A1', respectively. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'bbb-' and a Core Financial Strength (CFS) rating of 'bbb-'. The Stable Outlook for both the LT FCR and BSR reflects our view that the ratings are unlikely to change over the next 12 months. 11 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3227 Industrial and Commercial Bank of China - Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Industrial and Commercial Bank of China (ICBC) at 'A' and 'A1', respectively. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'bbb-' and a Core Financial Strength (CFS) rating of 'bbb'. The Stable Outlook for both the LT FCR and BSR reflects our view that the ratings are unlikely to change over the next 12 months. 11 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3226 BLOM Bank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed both the Long-Term Foreign Currency Rating (LT FCR) and Short Term Foreign Currency Rating (ST FCR) of BLOM Bank (BLOM) at 'B'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'b', a Core Financial Strength (CFS) rating of 'bb', and an Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Negative, in line with Lebanon's sovereign ratings ('B'/'B'/Negative). 09 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3225 Credit Libanais - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed both the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Credit Libanais (CL) at 'B'. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'b', a Core Financial Strength (CFS) rating of 'b+', and an Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Negative, in line with Lebanon's sovereign ratings ('B'/'B'/Negative). 09 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3224 Egypt - Sovereign Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) Issuer Ratings of Egypt at 'B+'. The sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) have also been affirmed at 'B'. The Outlook for all the ratings remains Stable. 06 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3223 Bank Audi - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank Audi (Audi) at 'B' and 'B', respectively. The Bank has also been assigned a Bank Standalone Rating (BSR) of 'b', a Core Financial Strength (CFS) rating of 'bb-', and an Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Negative, in line with Lebanon's sovereign ratings ('B'/'B'/Negative). 06 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3222 Byblos Bank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed both the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Byblos Bank (Byblos) at 'B'. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'b', a Core Financial Strength (CFS) rating of 'bb-' and an Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Negative, in line with Lebanon's sovereign ratings ('B'/'B'/Negative). 06 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3221 Jordan Commercial Bank - FCRs Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, 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. 05 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3220 BMCI Bank - FCRs Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Banque Marocaine pour le Commerce et l'Industrie (BMCI) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has also assigned BMCI a Bank Standalone Rating (BSR) of 'bb'. The Outlook for the LT FCR and BSR is Stable. 04 September 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3219 Burgan Bank Turkey - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term  Foreign Currency Rating (ST FCR) of Burgan Bank A. Ş – Turkey (BBT) at 'BB-' and 'B', respectively. At the same time, CI Ratings has assigned to the Bank a Bank Standalone Rating (BSR) of 'b+'. The Outlook for the LT FCR and BSR is Negative. 30 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3218 QNB Finansbank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term  Foreign Currency Rating (ST FCR) of QNB Finansbank (QNBF) at 'BB-' and 'B', respectively. At the same time, CI Ratings has assigned QNBF a Bank Standalone Rating (BSR) of 'b+'. The Outlook for the LT FCR and BSR is Negative. 30 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3217 National Bank of Fujairah - Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, announced today that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of the National Bank of Fujairah (NBF) at 'A-' and 'A2', respectively. At the same time, CI Ratings has assigned NBF a Bank Standalone Rating (BSR) of 'bbb'. The Outlook for the LT FCR and the BSR is Stable. 29 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3216 DenizBank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term  Foreign Currency Rating (ST FCR) of DenizBank A.Ş. (DZB) at 'BB-' and 'B', respectively. At the same time, CI Ratings has assigned DZB a Bank Standalone Rating (BSR) of 'b+' and a Core Financial Strength (CFS) rating of 'bb-'. The Outlook for the LT FCR and BSR is Negative. 28 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3215 Societe Generale Marocaine de Banques - FCRs Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Société Générale Marocaine de Banques (SGMA) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has also assigned SGMA a Bank Standalone Rating (BSR) of 'bb+'. The Outlook for the LT FCR and BSR is Stable. 28 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3214 Turk Ekonomi Bankasi - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Turk Ekonomi Bankasi (TEB) at 'BB-' and 'B', respectively. At the same time, CI Ratings has assigned TEB a Bank Standalone Rating (BSR) of 'b+'. The Outlook for the LT FCR and BSR is Negative. 28 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3213 Attijariwafa Bank - FCRs Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Attijariwafa Bank (AWB) at 'BBB-' and 'A3', respectively. 27 August 2019 Capital Intelligence http://www.ciratings.com/news/2019/09/17/3212 Agricultural Bank of China - FCR Raised; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) of Agricultural Bank of China (ABC) to 'A' from 'A-' and affirmed the Short-Term Foreign Currency Rating (ST FCR) at 'A1'. 26 August 2019 Capital Intelligence