Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2024/05/03/4312 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/2024/05/03/4311 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/2024/05/03/4310 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 http://www.ciratings.com/news/2024/05/03/4309 Iran – Sovereign Ratings Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Iran's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) at 'B'. At the same time, CI Ratings has affirmed the sovereign's Short-Term (ST) FCR and ST LCR at 'B'. The Outlook on the ratings remains Stable. 26 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4308 Boubyan 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 Boubyan Bank (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. 25 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4307 Yapi Ve Kredi Bankasi - 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 Yapi ve Kredi Bankasi (YKB) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed YKB'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 has been revised to Stable from Negative. 23 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4306 National Bank of Kuwait - 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 National Bank of Kuwait (NBK) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed NBK's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of Very High. The Outlook for the LT FCR and BSR remains Stable. 23 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4305 Burgan Bank – Initial Rating Assigned to Perpetual Additional Tier 1 Bond (up to KWD154mn) Capital Intelligence Ratings (CI Ratings or CI) has assigned a first-time issue rating of 'BBB-' to Burgan Bank's (BB) proposed up to KWD154mn Basel III-compliant Perpetual Additional Tier 1 Bond. The bonds are to be issued by private placement. The Outlook assigned to the rating is Stable. 19 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4304 Banque Saudi Fransi - 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 Banque Saudi Fransi (BSF) at 'A+' and 'A1', 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 and BSR remains Stable. 17 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4303 Bahrain – Sovereign Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Bahrain's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) at 'B+'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) and ST LCR at 'B'. The Outlook remains Stable. 12 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4302 Bank Pekao – 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 Pekao at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed Bank Pekao's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+', and Extraordinary Support Level (ESL) of Moderate. The Outlook for the LT FCR and BSR is Stable. 12 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4301 PKO Bank Polski – 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 PKO Bank Polski (PKO) at 'A-' and 'A2', respectively. The Outlook for the LT FCR remains Stable. At the same time, CI Ratings has affirmed PKO's Bank Standalone Rating (BSR) of 'a-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of Uncertain. 12 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4300 Al Janoob Islamic Bank – Ratings Suspended Capital Intelligence Ratings (CI Ratings or CI) today announced that it has suspended the credit ratings of Al Janoob Islamic Bank (JIB) due to the lack of up-to-date financial data. At the time of suspension, the Bank's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) were 'B-' and 'B', respectively. 10 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4299 Iraqi Islamic Bank for Investment and Development – Ratings Affirmed Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Iraqi Islamic Bank for Investment and Development's (IIB) 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 IIB'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. 09 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4298 Capital Bank of Jordan – 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 Capital Bank of Jordan (CAP) at 'B+' and 'B', respectively. The LT FCR Outlook remains Positive. At the same time, CI Ratings has affirmed CAP'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. 04 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4297 Bank Millennium – Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Bank Millennium S.A.'s (BM) Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed BM's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR remains Stable. 03 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4296 mBank – Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed mBank's Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) at 'BBB' and 'A2', respectively. At the same time, CI Ratings has affirmed the Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of Uncertain. The Outlook for the LT FCR and BSR is Stable. 03 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4295 Qatar National Bank – Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) today announced that that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Qatar National Bank (QNB) at 'AA' and 'A1+', respectively. At the same time, CI Ratings has affirmed QNB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-', and Extraordinary Support Level (ESL) of Very High. The Outlook for all ratings remains Stable. 03 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4294 Qatar Islamic 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 Qatar Islamic Bank (QIB) at 'AA-' and 'A1+', respectively. At the same time, CI Ratings has affirmed QIB's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating of 'a-', as well as the extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR is Stable. 03 April 2024 Capital Intelligence http://www.ciratings.com/news/2024/05/03/4293 Qatar International Islamic 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 Qatar International Islamic Bank (QIIB) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed QIIB'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 is Stable. 03 April 2024 Capital Intelligence