News & Credit Rating Announcements
31 January 2024 | Country: Iraq | Bank: Al Mustashar Islamic Bank for Investment & Finance
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Al Mustashar Islamic Bank – Ratings Affirmed
Overview
Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Al Mustashar Islamic Bank for Investment and Finance's (MIB) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B-' and 'B', respectively. The Outlook for the LT FCR remains Stable. CI Ratings has also affirmed MIB's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'b+', and Extraordinary Support Level (ESL) of Uncertain.
Attachments
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Rating Announcement (CRA)
PDF Download Available
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Bank Rating Report (Iraq, Al Mustashar Islamic Bank for Investment & Finance)
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