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CI Seminars

CI Seminars

News & Credit Rating Announcements

13 July 2016 | Country: Saudi Arabia | Bank: Bank AlJazira

Bank AlJazira’s Ratings Affirmed with a ‘Stable’ Outlook


Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has affirmed the ratings of Bank AlJazira (BAJ), based in Jeddah, Saudi Arabia.  The Financial Strength Rating (FSR) is affirmed at 'BBB', supported by sound asset quality in the form of a low non-performing loan (NPL) ratio and strong coverage by loan-loss reserves (LLRs) and free capital.


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