The foreign currency short-term rating is also maintained at A3. The foreign currency ratings carry a positive outlook in view of the imminent change in ownership. Dubai Financial, part of the government Dubai Investment Group, …Read full article » Bahrain: Monday, July 23 - 2007 @ 12:47
TIIB’s Long- and Short-Term Foreign Currency Ratings are assigned at ‘b-’ and ‘c’ respectively, at the sovereign ceiling for Yemen.
The Bank recorded a loss in 2011, due to weakening asset quality and a subsequent large …Read full article » Yemen: Tuesday, December 04 - 2012 @ 18:50
At the same time, CI has affirmed the Bank’s Financial Strength rating at BB-. TIIB’s Support rating was maintained at 4. The outlook on all ratings is ‘Stable’. The operating environment remains very challenging with …Read full article » Yemen: Saturday, February 26 - 2011 @ 10:29
However, the Support rating was adjusted to 4 from the previous level of 3. This downward adjustment reflects the more challenging domestic and regional operating environment and the likely impact this will have on the …Read full article » Yemen: Wednesday, March 17 - 2010 @ 11:12
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Tadhamon International Islamic Bank’s (TIIB), based in Sana’a, Yemen, Financial Strength Rating (FSR) at ‘b+’. Supporting the Bank’s rating is its return …Read full article » : Saturday, January 11 - 2014 @ 06:32
The Bank’s weakening asset quality, particularly the low provision coverage ratio, is a major constraining factor.
Mitigating this is the Bank’s collateral security against its financing portfolio and declining renegotiated financings suggesting an improvement in …Read full article » United Arab Emirates: Wednesday, July 25 - 2012 @ 14:01
Rising non-performing Islamic financing facilities (NPIFFs), a low coverage ratio and high customer concentrations are major constraining factors.
Mitigating this is the collateral security that the Bank holds against its financing portfolio and a history …Read full article » United Arab Emirates: Thursday, July 25 - 2013 @ 11:55
Capital Intelligence (CI), the international credit rating agency, announced that it has maintained the Financial Strength Rating (FSR) of the UAE’s Sharjah Islamic Bank (SIB) at ‘BBB+’ with the Bank’s solid capital adequacy ratio (CAR), …Read full article » : Thursday, July 24 - 2014 @ 10:27
The Financial Strength rating is maintained at BBB+; the ratings take into account the Bank’s very solid capital adequacy ratio and good liquidity.
Although core earnings declined in Q1 2010, SIB has taken steps …Read full article » United Arab Emirates: Wednesday, July 21 - 2010 @ 09:45
The Bank’s ‘2’ support rating reflects its ownership by the government of Sharjah.
The financial strength rating is maintained at ‘BBB+’; the rating is supported by the Bank’s very solid capital adequacy ratio and …Read full article » United Arab Emirates: Thursday, July 28 - 2011 @ 11:54