Capital Intelligence RSS Feed http://www.ciratings.com/_rss/news.xml Capital Intelligence Capital Intelligence http://www.ciratings.com/news/2025/08/16/4604 Turk Ekonomi 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 Turk Ekonomi Bankasi (TEB or the Bank) at 'BB-' and 'B', respectively. At the same time, CI Ratings has affirmed TEB'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. 14 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4603 Agricultural Bank of China – 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 Agricultural Bank of China (ABC or the Bank) at 'A' and 'A1', 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 Very High. The Outlook for the LT FCR and BSR remains Stable. 14 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4602 United Bank Limited – Ratings Affirmed   Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed to the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (CT FCR) of United Bank Limited (UBL or the Bank) at 'C+' and 'C', respectively. At the same time, CI Ratings has affirmed UBL's Bank Standalone Rating (BSR) of 'c', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Moderate. The Outlook for all ratings is Stable.   14 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4601 Gulf International 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 Gulf International Bank (GIB or the Bank) at 'A+' and 'A1', respectively. The Outlook for the LT FCR is affirmed as Stable. At the same time, CI Ratings has affirmed GIB's Bank Standalone Rating (BSR) of 'bbb-' with a Stable Outlook, Core Financial Strength (CFS) rating of 'bbb-', and Extraordinary Support Level (ESL) of Very High. 13 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4600 Rawabi Holding Company – Rating of SAR379mn Series 2 Sukuk Withdrawn Following Repayment Capital Intelligence Ratings (CI Ratings or CI) today announced that it has withdrawn the National Scale Issue Rating of 'saA' with a Stable Outlook assigned to Rawabi Holding Company (RHC) SAR379mn Series 2 Sukuk. The rating withdrawal follows repayment of the Sukuk on 28 July 2025. 12 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4599 Egypt – Ratings Affirmed; Outlook Remains Stable Capital Intelligence Ratings (CI Ratings or CI) today announced that it has affirmed Egypt's Long-Term Foreign Currency Rating (LT FCR) and Long-Term 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. 08 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4598 Bank of Africa – 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 Bank of Africa (BOA or the Bank) at 'BB+' and 'B', respectively. At the same time, CI Ratings has affirmed BOA's Bank Standalone Rating (BSR) of 'bb-', Core Financial Strength (CFS) rating of 'bb-' and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR is Stable. 08 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4597 National Bank of Fujairah – 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 National Bank of Fujairah (NBF or the Bank) at 'A-' and 'A2', respectively. At the same time, CI Ratings has affirmed NBF'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. 08 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4596 Banque Centrale Populaire - 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 Banque Centrale Populaire (BCP or the Bank) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed BCP's Bank Standalone Rating (BSR) of 'bb', the Core Financial Strength (CFS) rating of 'bb+' and the Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 06 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4595 Attijariwafa Bank - Ratings Affirmed with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Attijariwafa Bank (AWB or the Bank) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed AWB's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of High. The Outlook for the LT FCR and BSR remains Stable. 05 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4594 Kuwait Sovereign 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 LT Local Currency Rating (LT LCR) of Kuwait at 'A+'. 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. 01 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4593 Shanghai Pudong Development 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 (ST) FCR of Shanghai Pudong Development Bank (SPDB or the Bank) at 'BBB+' and 'A2', respectively. At the same time, CI Ratings has affirmed SPDB'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 ratings is Stable. 01 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4592 Hua Xia 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 (ST) FCR of Hua Xia Bank (HXB) at 'BBB-' and 'A3', respectively. At the same time, CI Ratings has affirmed HXB's Bank Standalone Rating (BSR) of 'bb', Core Financial Strength (CFS) rating of 'bb', and Extraordinary Support Level (ESL) of High. The Outlook on the ratings is Stable. 01 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4591 Rakbank - 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 National Bank of Ras Al-Khaimah (Rakbank or the Bank) at 'A' and 'A1', respectively. At the same time, CI Ratings has affirmed Rakbank's Bank Standalone Rating (BSR) and Core Financial Strength (CFS) rating at 'bbb+', and Extraordinary Support Level (ESL) of High. The Outlook on the LT FCR and BSR remains Stable. 01 August 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4590 Habib Bank Limited – 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 Habib Bank Limited (HBL) at 'C+' and 'C', respectively. At the same time, CI Ratings has affirmed HBL's Bank Standalone Rating (BSR) of 'c' and Core Financial Strength (CFS) rating of 'b+'. The Outlook for all ratings is Stable. 30 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4589 National Industries Group Holding – KWD40mn Senior Unsecured Bond Rating Affirmed, with a Stable Outlook Capital Intelligence Ratings (CI Ratings or CI) has affirmed the Issue Rating of 'BBB-' assigned to the KWD40mn senior unsecured bond maturing in 2027 issued by National Industries Group Holding (NIGH). The Outlook on the rating is Stable. 23 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4588 Askari Bank Limited – 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 Askari Bank Limited (ABL or the Bank) at 'C+' and 'C', respectively. At the same time, CI Ratings has affirmed ABL's Bank Standalone Rating (BSR) of 'c', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Uncertain. The Outlook for all ratings is Stable. 22 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4587 Qatar – Sovereign 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 LT Local Currency Rating (LT LCR) of Qatar 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. 18 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4586 United Gulf Bank – Ratings and Stable 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 United Gulf Bank (UGB or the Bank) at 'BBB' and 'A3', respectively. The LT FCR Outlook remains Stable. At the same time, CI Ratings has affirmed UGB's Bank Standalone Rating (BSR) of 'bbb-' with a Stable Outlook. The Core Financial Strength (CFS) of 'bbb-' and Extraordinary Support Level (ESL) of Moderate are maintained. 17 July 2025 Capital Intelligence http://www.ciratings.com/news/2025/08/16/4585 United Arab Emirates – Sovereign 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 LT Local Currency Rating (LT LCR) of the United Arab Emirates (UAE) at 'AA-'. At the same time, CI Ratings has affirmed the sovereign's Short-Term FCR (ST FCR) and ST LCR at 'A1+'. The Outlook for the ratings remains Stable. 11 July 2025 Capital Intelligence