Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2021/09/19/3715 Cyprus - Sovereign Ratings Affirmed; Outlook Revised to Positive Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Republic of Cyprus' Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) at 'BB+' and 'B', respectively. The Outlook for the ratings has been revised to Positive from Stable. 17 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3714 China Construction 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 China Construction Bank Corporation (CCB) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed CCB's Bank Standalone Rating (BSR) at 'bbb-' and Core Financial Strength (CFS) rating at 'bbb-'. The Outlook for the LT FCR and BSR remains Stable. 16 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3713 China Merchants 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 China Merchants Bank (CMB) at ‘BBB’ and ‘A2’, respectively. At the same time, CI Ratings has affirmed CMB’s Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at ‘bbb-’. The Outlook for the ratings remains Stable. 16 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3712 Bank of Communications - 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 Communications (BoCom) at 'A-' and 'A1', respectively. At the same time, CI Ratings has affirmed BoCom's Bank Standalone Rating (BSR) of 'bbb-' and Core Financial Strength (CFS) rating of 'bbb-'. The Outlook for the ratings remains Stable. 15 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3711 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 has however been revised to Stable from Negative. 14 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3710 Credit du Maroc- 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 Crédit du Maroc (CM) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed CM's Bank Standalone Rating (BSR) at 'bb+' and Core Financial Strength (CFS) rating at 'bb+'. The Outlook for the LT FCR and BSR is Stable. 14 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3709 Egypt - 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 Egypt at 'B+'. 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 for the ratings remains Stable. 10 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3708 National Industries Group - KWD30mn Senior Unsecured Bond, 'BBB-' Rating and Negative Outlook Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the international issue rating of the KWD30mn senior unsecured bond issue by National Industries Group (NIG) at 'BBB-'. The Outlook on the rating remains Negative. 09 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3707 Societe Generale Marocaine de Banques - 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 Société Générale Marocaine de Banques (SGMA) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed both SGMA's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bb+'. The Outlook for the LT FCR and BSR is Stable. 07 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3706 Banque Marocaine pour le Commerce et l'Industrie - 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 Banque Marocaine pour le Commerce et l'Industrie (BMCI) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed BMCI's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bb'. The Outlook for the LT FCR and BSR is Stable. 07 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3705 Oman - Sovereign Ratings Affirmed; Outlook Remains Negative Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Oman's Long-Term Foreign Currency Rating (LT FCR) and Long-Term Local Currency Rating (LT LCR) at 'BB'. 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 the ratings remains Negative. 03 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3704 Bank of China - 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 China (BOC) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed BOC's Bank Standalone Rating (BSR) of 'bbb-' and Core Financial Strength (CFS) rating of 'bbb-'. The Outlook for the LT FCR and BSR remains Stable. 03 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3703 ICBC - 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 and Commercial Bank of China (ICBC) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed ICBC's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'bbb-' and 'bbb', respectively. The Outlook for the LT FCR and BSR remains Stable. 03 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3702 Banque Centrale Populaire - 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 Banque Centrale Populaire (BCP) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed BCP's Bank Standalone Rating (BSR) of 'bb' and Core Financial Strength (CFS) rating of 'bb+'. The Outlook for the LT FCR and BSR remains Stable. 02 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3701 Burgan Bank Turkey - 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 Burgan Bank (BBT) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed BBT'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. 02 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3700 Al Baraka Islamic Bank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has has affirmed Al Baraka Islamic Bank's (AIB) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed AIB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 01 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3699 Bank of Sharjah - 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 Sharjah (BOS) at 'BBB+' and 'A2', respectively. At the same time CI Ratings has affirmed BOS's Bank Standalone Rating (BSR) of 'bb+' and Core Financial Strength (CFS) rating of 'bb-'. The Outlook for the LT FCR and BSR remains Stable. 01 September 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3698 Gulf International 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 Gulf International Bank (GIB) at 'A+' and 'A1', respectively. The Outlook for the LT FCR is affirmed at Negative in line with the Outlook for the Kingdom of Saudi Arabia's LT FCR. At the same time, CI Ratings has affirmed GIB's Bank Standalone Rating (BSR) of 'bbb-', with a Stable Outlook, Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Very High. 31 August 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3697 National Bank of Fujairah - 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 the National Bank of Fujairah (NBF) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed NBF'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 is Stable. 31 August 2021 Capital Intelligence http://www.ciratings.com/news/2021/09/19/3696 QNB Finansbank - 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 QNB Finansbank (QNBF) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed QNBF's Bank Standalone Rating (BSR) of 'b'. The Outlook for the LT FCR and BSR is Stable. 27 August 2021 Capital Intelligence