Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2024/05/28/4329 International Development Bank for Investment and Finance Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed International Development Bank for Investment and Finance's (IDB) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B-' and 'B', respectively. The LT FCR Outlook is Stable. At the same time, CI Ratings has affirmed IDB's Bank Standalone Rating (BSR) of 'b-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb-', and Extraordinary Support Level (ESL) of Uncertain. 23 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4328 Jordan Commercial Bank - Ratings Affirmed with a Positive Outlook 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 Jordan Commercial Bank (JCB) at 'B+' and 'B', respectively. The Outlook for the LT FCR remains Positive. At the same time, CI Ratings has affirmed JCB's Bank Standalone Rating (BSR) of 'b+' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb-', and Extraordinary Support Level (ESL) of Moderate. 21 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4327 Bank Al Etihad - Ratings and Positive Outlook Affirmed 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 Bank Al Etihad (BAE) at 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed BAE's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Positive. 21 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4326 Turkiye – Outlook Revised to Positive; Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on Turkiye's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) to Positive from Stable. At the same time, CI Ratings has affirmed the sovereign's LT FCR and LT LCR at 'B', and the Short-Term (ST) FCR and ST LCR at 'B'. 17 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4325 Ratings of Certain Greek Banks Withdrawn for Business Reasons Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the credit ratings and discontinued analytical coverage of several banks in Greece. The decision to withdraw the ratings, all of which were unsolicited, has been taken by CI for business reasons and does not reflect a change in the creditworthiness of the rated entities. The banks and their ratings at the time of withdrawal are listed below. 17 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4324 Eurobank S.A. - Ratings Affirmed; Outlook Remains Positive 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 Eurobank S.A. (Eurobank) at  'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed Eurobank's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of Uncertain. The Outlook on the LT FCR and BSR remains Positive. 17 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4323 Al Rajhi Banking and Investment Corporation – Ratings and Positive Outlook Affirmed 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 Al Rajhi Banking and Investment Corporation (ARB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ARB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR remains Positive. The BSR remains on a Stable Outlook. 16 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4322 Kamco Investment Company - Ratings Affirmed 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 Kamco Investment Company K.S.C.P. (Kamco) at 'BBB' and 'A3', respectively. The Outlook on the ratings remains Stable. 16 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4321 Alizz Islamic Bank – National Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long- and Short-Term ratings on the Oman National Scale of Alizz Islamic Bank (AIB) at 'omAAA' and 'omA1+', respectively. The Outlook for the ratings is Stable. 16 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4320 Burgan Bank - Ratings Affirmed with a Stable Outlook 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 Burgan Bank K.P.S.C. (BB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed BB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 15 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4319 Riyad Bank - Ratings Affirmed with a Stable Outlook 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 Riyad Bank (RB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed RB's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 09 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4318 Turkiye Cumhuriyati Ziraat Bankasi - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Ratings (LT FCR) and Short-Term Foreign Currency Ratings (ST FCR) of Turkiye Cumhuriyeti Ziraat Bankasi (TCZB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed TCZB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Stable. 09 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4317 Bank Muscat - Ratings Affirmed with a Stable Outlook 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 Bank Muscat (BM) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed BM's Bank Standalone Rating (BSR) of 'bb+', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of Moderate. The Outlook for both the LT FCR and BSR is Stable. 09 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4316 Turkiye Halk Bankasi - Ratings Affirmed; Outlook Remains Stable 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 Turkiye Halk Bankasi (Halk) at 'B' and 'B', respectively. Halk's Bank Standalone Rating (BSR) of 'b-', Core Financial Strength (CFS) rating of 'b', and Extraordinary Support Level (ESL) of Moderate have also been affirmed. The Outlook on the ratings remains Stable. 08 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4315 Muscat Finance - Ratings on Oman National Scale Affirmed; Outlook Remains Negative Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term issuer rating on the Oman National Scale of Muscat Finance S.A.O.G. (MF) at 'omA-'. The Short-Term rating on the same scale has been affirmed at 'omA2'. The Outlook on the ratings remains Negative. 08 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4314 QNB ALAHLI - Ratings and Outlook Affirmed 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 ALAHLI  S.A.E. (QNB AA) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed QNB AA's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of High. The Outlook for both the LT FCR and BSR remains Negative. 08 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4313 Commercial International Bank - Ratings and Outlook Affirmed 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 Commercial International Bank (CIB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed CIB's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Negative. 08 May 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4312 Akbank - Ratings Affirmed; Outlook Remains Stable 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 Akbank at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed Akbank's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Stable. 30 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4311 Saudi Investment Bank - Ratings Affirmed 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 Saudi Investment Bank (SAIB) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed BSF's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR remains Positive. The BSR remains on a Stable Outlook. 30 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/28/4310 Safwa Islamic Bank - Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Safwa Islamic Bank's (SIB) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of 'B+' and 'B', respectively. At the same time, CI Ratings has affirmed SIB's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR remains Positive and Stable, respectively. 30 April 2024 Capital Intelligence