Credit du Maroc - Ratings Affirmed with a Stable Outlook

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 Credit du Maroc (CM or the Bank) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed CM's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating at 'bb' and Extraordinary Support Level of Moderate. The Outlook for the LT FCR and BSR remains Stable.

Attachments

• CI Ratings Announcement (CRA)
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• Bank Rating Report (Morocco, Credit du Maroc)
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