http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2025/06/30/4569 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Al Baraka Islamic Bank (AIB or the Bank) at 'B' and 'b-', respectively. The Outlook for these ratings has been revised to Stable from Negative. At the same time, CI Ratings has affirmed AIB's Short-Term Foreign Currency Rating (ST FCR) at 'B', and Core Financial Strength (CFS) rating at 'b-'. The Extraordinary Support Level (ESL) remains at Moderate. 26 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4568 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 Investbank (IB) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed IB's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook and the Extraordinary Support Level (ESL) of Moderate, but lowered the Core Financial Strength (CFS) rating to 'bb-' (from 'bb'). 25 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4567 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 Safwa Islamic Bank (SIB) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed SIB's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of Moderate. 25 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4566 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 Sharjah Islamic Bank (SIB or the Bank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed SIB's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bb+', and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 20 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4565 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 Vakiflar Bankasi T.A.S. (Vakif or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed Vakif's Bank Standalone Rating (BSR) of 'b+', Core Financial Strength (CFS) rating of 'bb‑' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 20 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4564 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 Kuwait Bank (JKB or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed the Bank's Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 19 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4563 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 Ahli Bank (JAB) at 'BB-' and 'B', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed JAB's Bank Standalone Rating (BSR) of 'bb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of Moderate. 18 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4562 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 (ST FCR) of Arab Banking Corporation (ABC or the Bank) at 'BBB+' and 'A2', respectively. At the same time, CI Ratings has affirmed ABC's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb' and Extraordinary Support Level (ESL) of Moderate. The Outlook on the LT FCR and BSR remains Stable. 18 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4561 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 GFH Financial Group (GFH) at 'BB-' and 'B', respectively. The Outlook on the LT FCR remains Stable. At the same time, CI Ratings has withdrawn the ratings assigned to GFH at the request of the entity. 17 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4560 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Saudi Arabia's Long-Term Foreign Currency Rating (LT FCR) and LT Local Currency Rating (LT LCR) at 'AA-'. At the same time, CI Ratings has affirmed the sovereign's Short-Term (ST) FCR and ST LCR at 'A1+'. The Outlook on the ratings remains Stable. 13 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4559 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 First Abu Dhabi Bank (FAB) at 'AA-' and 'A1+', respectively. At the same time, CI Ratings has affirmed FAB'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 is Stable. 13 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4558 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-'. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4557 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 of Alexandria S.A.E. (Alexbank) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed the Bank Standalone Rating (BSR) of 'b' and Extraordinary Support Level (ESL) of High, but raised the Bank's Core Financial Strength (CFS) rating to 'bb+' (from 'bb'). The Outlook for the LT FCR and BSR remains Stable. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4556 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the issue rating on the Oman National Scale assigned to the OMR30.1mn five-year Wakala sukuk issued by Mohammed Al Barwani New Sukuk Issuance SPC (the Issuer) to 'omBBB', from 'omBB+'. The sukuk was issued in June 2023. The Outlook on the raised rating remains Stable. The Issuer is a sole proprietor company incorporated in Oman by Mohamed Al Barwani LLC Group (MB or the Obligor) for the purpose of issuing the sukuk certificates. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4555 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the 'BBB' issue ratings assigned to the two KWD50mn subordinated unsecured bonds issued by Commercial Bank of Kuwait (ComBk or the Bank) under its KWD100mn Subordinated Tier 2 Basel III-compliant Bond Programme. In a separate rating action also published today, CI Ratings has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of ComBk at 'A+' and 'A1', respectively. Both ComBk's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating have been affirmed at 'bbb+'. The Outlook on the LT FCR and BSR remains Stable. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4554 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 Bank of Kuwait (ComBk or the Bank) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed ComBk's Bank Standalone Rating (BSR) of 'bbb+', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR remains Stable. In a separate rating action also published today, CI has affirmed the issue ratings assigned to the Bank's Basel III-compliant Tier 2 subordinated bond (Tranche 1 and 2) at 'BBB' with a Stable Outlook. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4553 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 Kuwait Finance House K.S.C.P. (KFH or the Bank) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed KFH's Bank Standalone Rating (BSR) of 'bbb', Core Financial Strength (CFS) rating of 'bbb+' and Extraordinary Support Level (ESL) of Very High. The Outlook on the LT FCR and BSR remains Stable. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4552 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has raised the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Oman International Development and Investment Company (Ominvest or the Group) to 'BBB-' and 'A3', from 'BB+' and 'B', respectively. The Outlook on the LT FCR is Stable. At the same time, CI Ratings has upgraded Ominvest's Long-Term Rating on the Oman National Scale to 'omAA+' from 'omAA'. The Short-Term Rating on the same scale is affirmed at 'omA1+'. The Outlook on the Long-Term rating is Stable. 12 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4551 Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed the the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Bank of the Philippine Islands (BPI) at 'BBB' and 'A3', respectively. BPI's Bank Standalone Rating (BSR) of 'bbb-', Core Financial Strength (CFS) rating of 'bbb', and Extraordinary Support Level (ESL) of High have also been affirmed. The Outlook for both the LT FCR and BSR remains Stable. At the same time, CI Ratings has withdrawn the ratings assigned to BPI at the request of the Bank. 11 June 2025 Capital Intelligence http://www.ciratings.com/news/2025/06/30/4550 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 Gulf Bank (GB or the Bank) at 'A+' and 'A1', respectively. At the same time, CI Ratings has affirmed GB's Bank Standalone Rating (BSR) of 'a-', Core Financial Strength (CFS) rating of 'a-' and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR remains Stable. CI has also affirmed the issue rating on GB's KWD50mn Basel III-compliant Tier 2 Subordinated bond at 'BBB+' with a Stable Outlook. The local currency bond comprises a KWD25mn Floating Rate Tranche and a KWD25mn Fixed Rate Tranche. 04 June 2025 Capital Intelligence