Al Baraka Islamic Bank - Ratings Affirmed

Overview

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.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Bahrain, Al Baraka Islamic Bank B.S.C.)
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