Saman Bank – Ratings Upgraded

Overview

Capital Intelligence Ratings (CI Ratings or CI) has upgraded the Long-Term Foreign Currency Rating (LT FCR) of Saman Bank (SB) to 'B' from to 'B-'. Similarly, CI Ratings has upgraded the Bank Standalone Rating (BSR) to 'b' from 'b-' and the Core Financial Strength (CFS) rating to 'b+' from 'b'. At the same time, SB's Short-Term Foreign Currency Rating (ST FCR) of 'B' and Extraordinary Support Level (ESL) of Uncertain have been affirmed. The Outlook on the LT FCR and BSR has been revised to Stable from Positive.

Attachments

• Rating Announcement (CRA)
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• Bank Rating Report (Iran, Saman Bank)
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