Fitch IBCA Awards BBB Long Term Rating To BahrainInternational Bank
Fitch IBCA has awarded Bahrain International Bank (BIB) aninvestment grade long-term rating of BBB and a short term rating of F3. The BBBrating makes BIB the first Bahrain-based bank and offshore banking unit to begiven a long-term investment grade rating by the agency. The BBB rating isbased on a low expectation of credit risk and the F3 short-term ratingsignifies that the bank痴 capacity for...
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