Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2022/10/05/3953 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. 30 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3952 OTP Bank - Ratings Affirmed; Outlook Revised to Negative Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) Outlook of OTP Bank (OTP) to Negative from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'BBB' and 'A2', respectively. OTP's BSR of 'bbb' and Core Financial Strength (CFS) rating of 'bbb+' have also been affirmed. The Extraordinary Support Level (ESL) remains Uncertain. 30 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3951 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' Bank Standalone Rating (BSR) of 'bb+' and Core Financial Strength (CFS) rating of 'bb-'. The Outlook for the LT FCR and BSR remains Stable. 29 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3950 National Bank of Pakistan - Outlook Revised to Negative Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) Outlook of National Bank of Pakistan (NBP) to Negative from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'B-' and 'B', respectively. NBP's BSR of 'b-' and Core Financial Strength (CFS) of 'bb-' have also been affirmed. 29 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3949 Habib Bank - Ratings Affirmed; Outlook Revised to Negative 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 Habib Bank Limited (HBL) to Negative from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'B-' and 'B', respectively. HBL's BSR of 'b-' and Core Financial Strength (CFS) rating of 'bb-' have also been affirmed. 29 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3948 K&H Bank - Ratings Affirmed; Outlook Revised to Negative 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 Kereskedelmi es Hitelbank (K&H) to Negative from Stable. At the same time, CI Ratings has affirmed the Bank's LT FCR and Short-Term Foreign Currency Rating (ST FCR) at 'BBB' and 'A2', respectively. K&H's BSR of 'bbb-', Core Financial Strength (CFS) rating of   'bbb-', and Extraordinary Support Level (ESL) of Moderate have also been affirmed. 28 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3947 QNB Alahli - 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 Alahli S.A.E. (QNB AA) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed QNB AA's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of High. The Outlook for the ratings remains Stable. 27 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3946 Abu Dhabi Commercial 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 Abu Dhabi Commercial Bank (ADCB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ADCB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of Very High. The Outlook for the ratings is Stable. 23 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3945 Bank AlJazira - 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 Bank AlJazira (BAJ) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed BAJ'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. 20 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3944 Arab National 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 Arab National Bank (ANB) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed ANB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level of High. The Outlook for the LT FCR and BSR remains Stable. 20 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3943 CIB 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 CIB Bank (CIB) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed both CIB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bb'. The Outlook on the LT FCR and BSR remains Stable. 20 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3942 Banque du Caire - Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Banque du Caire (BdC) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed BdC'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 currently Stable. 14 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3941 National Industries Group Holding - KWD30mn Senior Unsecured Bond Rating and Stable Outlook Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the issue rating of 'BBB-' assigned to National Industries Group Holding's (NIGH) KWD30mn senior unsecured bond. The Outlook on the rating remains Stable. 12 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3940 Oman - Sovereign Ratings and Stable Outlook Affirmed 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'. At the same time, CI Ratings has affirmed Oman's Short-Term Foreign Currency Rating (ST FCR) and Short-Term Local Currency Rating (ST LCR) at 'B'. The Outlook for the ratings remains Stable. 09 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3939 National Bank Umm Al Qaiwain - 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 Umm Al Qaiwain (NBQ) at 'A-' and 'A2', respectively, and the Bank Standalone Rating (BSR) at 'bbb'. The Outlook for the LT FCR and BSR is Stable. At the same time, CI Ratings has raised the Bank's Core Financial Strength (CFS) rating to 'bbb' from 'bbb-'. The Extraordinary Support Level (ESL) of High is affirmed. 08 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3938 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. 07 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3937 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. 07 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3936 China Merchants Bank - Long-Term Foreign Currency Rating 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 China Merchants Bank (CMB) to 'BBB+' from 'BBB'. The Bank's Short-Term Foreign Currency Rating (ST FCR) was affirmed at 'A2'. 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 is Stable. 07 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3935 Burgan Bank Turkey - Ratings Affirmed with a Negative 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 Turkey (BBT) at 'B+' and 'B', respectively. The LT FCR Outlook remains Negative. At the same time, CI Ratings has affirmed BBT's Bank Standalone Rating (BSR) of 'b-' also with a Negative Outlook, and Core Financial Strength (CFS) rating of 'b+'. 06 September 2022 Capital Intelligence http://www.ciratings.com/news/2022/10/05/3934 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. 02 September 2022 Capital Intelligence