Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2022/05/28/3874 Turkey - Ratings Affirmed, Outlook Remains Negative Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Turkey's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) at 'B+', while the sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) have been affirmed at 'B'. The Outlook on Turkey's LT FCR and LT LCR remains Negative. 27 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3873 National Bank of Greece - Ratings Upgraded; Outlook remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has upgraded the Long-Term Foreign Currency Rating (LT FCR) of National Bank of Greece (NBG) to 'BB-' from 'B+'. CI Ratings has also raised NBG's Bank Standalone Rating (BSR) to 'bb-' (from 'b+'), and Core Financial Strength (CFS) rating to 'bb-' (from 'b+'). The Outlook on the LT FCR and BSR remains Stable. At the same time, CI has affirmed the Bank's Short-Term Foreign Currency Rating (ST FCR) of 'B' and Extraordinary Support Level (ESL) of Uncertain. 27 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3872 International Development Bank for Investment and Finance - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed International Development Bank for Investment and Finance's (IDB) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B-' and 'B', respectively. The LT FCR Outlook is Stable. At the same time, CI Ratings has affirmed IDB's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb-', and Extraordinary Support Level (ESL) of Uncertain. 26 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3871 Kamco Investment Company - 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 Kamco Investment Company K.S.C.P. (Kamco) at 'BBB' and 'A3', respectively. The Outlook on the ratings remains Stable. 25 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3870 Export Development Bank of Iran - LT FCR and BSR Outlook Revised to Stable Following Sovereign Rating Action Capital Intelligence Ratings (CI Ratings or CI), today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Export Development Bank of Iran (EDBI) to Stable from Negative. At the same time CI Ratings has affirmed the LT FCR and Short-Term Foreign Currency Rating (ST FCR) of EDBI at 'B' and 'B', respectively. The Bank's BSR of 'b', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Moderate have also been affirmed. 24 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3869 Eurobank S.A. - Ratings Upgraded; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) of Eurobank S.A. (Eurobank) to 'BB-' from 'B+'. CI Ratings has also upgraded Eurobank's BSR to 'bb-' from 'b+' and its CFS rating to 'bb' from 'bb-'. The Outlook on the LT FCR and BSR remains Stable. At the same time, CI has affirmed the Bank's Short-Term Foreign Currency Rating (ST FCR) of 'B' and ESL of Uncertain. 20 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3868 Correction: National Industries Group Holding’s (NIGH) KWD30mn Senior Unsecured Bond – Outlook Raised to Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on National Industries Group Holding’s (NIGH) KWD30mn senior unsecured bond issue to Stable from Negative. At the same time, NIGH’s issue rating of ‘BBB-’ has been affirmed. 20 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3866 Oman Arab 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 Oman Arab Bank (OAB) at 'BB' and 'B', respectively. At the same time, CI Ratings has affirmed OAB's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable. 18 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3865 National Bank of Oman - 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 Oman (NBO) at 'BB' and 'B', respectively. At the same time, CI Ratings has affirmed NBO's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bbb-' and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable. 18 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3864 Burgan 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 Burgan Bank K.P.S.C. (BB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed BB'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 has been maintained at Stable. 18 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3863 Al Rajhi Banking and Investment Corporation - 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 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. 17 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3862 Bank Muscat - 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 Muscat (BM) at 'BB' and 'B', respectively. At the same time, CI Ratings has affirmed BM's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bbb' and Extraordinary Support Level (ESL) of Moderate. The Outlook for both the LT FCR and BSR is Stable. 17 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3861 Alizz Islamic Bank - National Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term ratings on the Oman National Scale of Alizz Islamic Bank (AIB) at 'omAA' and 'omA1+'. The Outlook for the ratings is Stable. 17 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3860 Iran - Sovereign Ratings Affirmed; Outlook Revised to Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Iran's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) to Stable from Negative. At the same time, CI Ratings has affirmed the sovereign's LT FCR and LT LCR at 'B', and Short-Term (ST) FCR and ST LCR at B'. 13 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3859 Riyad 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 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. 12 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3858 Yapi Ve Kredi Bankasi - 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 Yapi ve Kredi Bankasi (YKB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed YKB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Negative. 10 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3857 Bahrain - Sovereign Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Bahrain's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) at 'B+'. At the same time, CI Ratings has affirmed the sovereign's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) at 'B'. The Outlook for all ratings has been affirmed at Stable. 06 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3856 Saudi Investment 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 Saudi Investment Bank (SAIB) at 'A-' and 'A2', respectively. SAIB's Bank Standalone Rating (BSR) of 'bbb' and Extraordinary Support Level (ESL) of High have also been affirmed. At the time, CI Ratings has raised the Bank's Core Financial Strength Rating (CFS) rating to 'bbb' from 'bbb-'. The Outlook for the LT FCR and BSR remains Stable. 03 May 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3855 Akbank - 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 Akbank at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed Akbank's Bank Standalone Rating (BSR) of 'b+' and Core Financial Strength (CFS) rating of 'bb+'. The Outlook for the LT FCR and BSR remains Negative. 29 April 2022 Capital Intelligence http://www.ciratings.com/news/2022/05/28/3854 National Bank of Kuwait - 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 National Bank of Kuwait (NBK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed NBK's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR remains Stable. 28 April 2022 Capital Intelligence