QNB S.A.E. – Ratings and Outlook Affirmed

Overview

Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of QNB S.A.E. (or the Bank) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed the Bank's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of High. The Outlook on both the LT FCR and BSR remains Stable.

Attachments

• CI Ratings Announcement (CRA)
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• Bank Rating Report (Egypt, QNB S.A.E.)
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