News & Credit Rating Announcements
13 July 2016 | Country: Oman | Bank: Alizz Islamic Bank
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National Scale Ratings of alizz islamic bank S.A.O.G affirmed at Long-Term ‘omBBB-’ and Short-Term ‘omA3’
Overview
Capital Intelligence Ratings (CI Ratings), the international credit rating agency, today announced that it has affirmed the Long- and Short-Term Ratings on the Oman National Scale of alizz islamic bank at 'omBBB-' and 'omA3' respectively. Both ratings remain on a 'Stable' Outlook. Given the relatively short history of the Bank, some of the main supporting factors remain non-financial. These include strong shareholders, a strong and experienced management team, and well-developed policies and procedures.
Attachments
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(Oman, Alizz Islamic Bank)
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