National Bank of Bahrain – Ratings 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 National Bank of Bahrain B.S.C. (NBB or the Bank) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed NBB's Bank Standalone Rating (BSR) at 'b+'. The Outlook for the LT FCR and BSR remains Negative, in line with the Outlook assigned to Bahrain's sovereign rating ('B+'/'B'/Negative). The Bank's Core Financial Strength (CFS) rating is affirmed at 'bbb-'.

Attachments

• CI Ratings Announcement (CRA)
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• Bank Rating Report (Bahrain, National Bank of Bahrain B.S.C.)
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