CI - Capital Intelligence (Cyprus) Limited

01/13/2022 | Press release | Distributed by Public on 01/13/2022 04:20

Outlook on Saudi Bank LT FCRs Revised to Stable Following Similar Sovereign Action

13 January 2022 | Country: Saudi Arabia


Capital Intelligence Ratings (CI Ratings or CI) today announced that it has revised the Outlook on the Long-Term Foreign Currency Rating (LT FCR) of eight Saudi Arabian banks to Stable from Negative. This follows the revision of the Outlook on Saudi Arabia's LT FCR of 'A+' to Stable from Negative in December last year.


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