Capital Intelligence Ratings Ltd.

05/08/2024 | Press release | Distributed by Public on 05/08/2024 02:25

QNB ALAHLI - Ratings and Outlook Affirmed

08 May 2024 | Country: Egypt | Bank: QNB Alahli S.A.E.

Overview

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 QNB ALAHLI S.A.E. (QNB AA) at 'B' and 'B', respectively. At the same time, CI Ratings has affirmed QNB AA's Bank Standalone Rating (BSR) of 'b', Core Financial Strength (CFS) rating of 'bb+' and Extraordinary Support Level (ESL) of High. The Outlook for both the LT FCR and BSR remains Negative.

Attachments

  • Rating Announcement (CRA)
    PDF Download Available

Sign up here as a Member to view the CRA or to purchase the related report.