Outlook for Cairo Amman Bank's Ratings Revised to Negative Following Sovereign Rating Action

Overview

Capital Intelligence Ratings (CI Ratings or CI), the international credit rating agency, today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (FCR) and Financial Strength Rating (FSR) of Cairo Amman Bank (CAB) to 'Negative' from 'Stable'. This rating action follows the recent 'Negative' Outlook assigned to Jordan's Sovereign Ratings on May 26, 2017.

Attachments

• Credit Rating Announcement (CRA)
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