CI - Capital Intelligence (Cyprus) Limited

05/24/2022 | Press release | Distributed by Public on 05/24/2022 02:00

Export Development Bank of Iran - LT FCR and BSR Outlook Revised to Stable Following Sovereign Rating Action

24 May 2022 | Country: Iran | Bank: Export Development Bank of Iran

Overview

Capital Intelligence Ratings (CI Ratings or CI), today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) and Bank Standalone Rating (BSR) of Export Development Bank of Iran (EDBI) to Stable from Negative. At the same time CI Ratings has affirmed the LT FCR and Short-Term Foreign Currency Rating (ST FCR) of EDBI at 'B' and 'B', respectively. The Bank's BSR of 'b', Core Financial Strength (CFS) rating of 'b' and Extraordinary Support Level (ESL) of Moderate have also been affirmed.

Attachments

  • Rating Announcement (CRA)
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