Capital Intelligence Ratings Tuesday announced that it has affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Banque Internationale Arabe de Tunisie (BIAT) at ‘B+’ and ‘B’, respectively.
At the same time, CI Ratings has affirmed BIAT’s Bank Standalone Rating (BSR) of ‘b+’ and Core Financial Strength (CFS) rating of ‘bb’. The Outlook for the LT FCR and BSR remains Stable.
The Ratings agency also affirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign Currency Rating (ST FCR) of Banque Nationale Agricole (BNA) at ‘B+’ and ‘B’, respectively.
It also affirmed the Bank’s Bank Standalone Rating (BSR) of ‘b’ and Core Financial Strength (CFS) rating of ‘b+’. The Outlook for the ratings remains Stable.
